About: quantitative easing
Bank’s policy may lead to inequality, says ECB board member
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.
All eyes on ECB for further virus-fighting moves
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.
Ciao, Mario: ECB’s Draghi hands baton to Lagarde
ECB chief Mario Draghi bows out Monday (28 October), passing the baton to former IMF head Christine Lagarde whose first task will be to heal rifts among policymakers.
Draghi brushes off Trump accusation of currency manipulation
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...
End of an era as ECB shelves quantitative easing program
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.
ECB to chart end to easy money
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.
Climate change is everyone’s business – the ECB is no exception
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.
Fighting climate change needs green investment to go mainstream
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.
ECB to keep taps open as economic outlook uncertain
The European Central Bank is likely to keep the money taps fully open at its meeting today (8 June) as inflation remains below its target despite stronger economic growth in the eurozone.
ECB hails 2016 as best post-crisis year
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.
HSBC prepares for Brexit, ECB bond programme pays off
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.
ECB’s monetary policy under attack, Brexit scavengers continue to circle UK
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.
Cracks appear in ECB united front as top banker goes off message
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.
ECB unconvinced by inflation increase, monetary policy unchanged
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.
ECB takes flak from Berlusconi and Schäuble
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.
Is the ECB really derailing climate policy?
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.
Bundesbank chief: Don’t politicise monetary policy
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.
ECB chief outlines three risks still facing Eurozone recovery
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.
Germany cuts public debt to €2.15 trillion in 2015
Germany, Europe's biggest economy, shaved €24 billion off its overall public debt burden to €2.153 trillion in 2015, the Bundesbank said on Thursday (31 March).
ECB again defends bond-buying programme in Germany’s top court
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.
Eurozone unemployment lowest for three years
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.
EU court rejects German group’s claim against ECB’s bond-buying
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.
Renzi scolds EU: “A good pupil who does not work hard enough”
Italian prime minister Matteo Renzi has launched a call for action to EU leaders saying that the world needed a strong Europe, able to move beyond crisis and sculpt its own vision for the future.