In a shift away from European Central Bank orthodoxy, a senior bank executive has argued that even though the ECB’s monetary policy led to a decrease in labour income inequality, its asset purchase programs would lead to wealth inequality.
The European Central Bank has launched a series of never-before-seen measures to cushion the economic blow from the coronavirus pandemic but it looks set to reaffirm Thursday (30 April) it will do more still, even if some of the options appear limited.
European Central Bank chief Mario Draghi said Tuesday (18 June) that the institution “doesn’t target the exchange rate”, shrugging off an allegation of currency manipulation from US President Donald Trump. “We have our remit. We have our mandate. Our mandate...
A chapter of eurozone history will come to a close Thursday (13 December), with the European Central Bank widely expected to withdraw a key element of support for the economy while reassuring observers fearful of the growing risks.
European Central Bank governors are expected on Thursday (26 October) to begin weaning the eurozone off the high doses of support they prescribed in recent years but they remain far away from reaching their elusive inflation target.
Whilst the European Union is firmly committed to joining the fight against climate change and developing sustainable finance, the significance of the role the European Central Bank can play is being overlooked, write Ludovic Suttor-Sorel and Frank van Lerven.
Ad hoc measures won’t be enough to fight climate change. The EU needs to step up and the ECB should start pumping some of its €60 billion monthly investments into green projects, insists MEP Neena Gill.
The European Central Bank judged yesterday (10 April) that it had a successful 2016, claiming in its annual report that it had nurtured economic recovery and that it was the eurozone’s most successful post-crisis year.
British multinational bank HSBC could transfer 1,000 of its employees from London to Paris within the next two years. Meanwhile, the European Central Bank’s bond-buying programmes continue to impress. EURACTIV’s partner Milano Finanza reports.
The European Central Bank (ECB) is under increasing pressure to exit its loose monetary policy but the Frankfurt bank remains unconvinced by inflation growth. The institution is also looking into cross-border bank mergers, as the rest of Europe eyes the UK's post-Brexit scraps.
The European Central Bank (ECB) could soon start planning an exit from its unprecedented stimulus programme, one of its executive board members said yesterday (24 January), in a rare public discussion about ending its asset buying scheme.
European Central Bank (ECB) President Mario Draghi yesterday (19 January) announced the institution’s monetary policy would remain unchanged and asked for more patience as the economic recovery continues. EURACTIV Spain reports.
The European Central Bank faced a multi-pronged assault today (13 January) as former Italian Prime Minister Silvio Berluscon was revealed to have filed a case against the bank and Germany’s finance minister told it how to do its job.
Corporate Europe Observatory (CEO) recently accused the European Central Bank of subsidising fossil fuels through quantitative easing. The news got a lot of attention but the NGO’s analysis was misleading, writes Claudio Baccianti.
The European Central Bank must stick to its price stability mandate and not be swayed by politics, Germany's top central banker said Friday (16 December), warning against extending loose monetary policy for too long.
The profitability of European banks, weak inflation and the recovery's dependence on accommodating monetary policy are the three immediate risks facing the Eurozone, Mario Draghi has said. EURACTIV’s partner Milano Finanza reports.
The European Central Bank defended its never-used scheme to potentially buy unlimited amounts of government debt in Germany's highest court on Tuesday (16 February), insisting that such a programme did not overstep its mandate.
Unemployment in the eurozone fell to its lowest level for three and a half years in July, raising hopes that economic recovery in the single currency area is taking hold, official data showed on Tuesday.
The European Central Bank won crucial backing from Europe's top court today (16 June) for its pledge to do whatever it takes to save the euro, defeating a German group's challenge, as bloc member Greece edges dangerously close to default.