RSSEuropean Central Bank (ECB)

#ECB – Lagarde will echo Draghi’s stance, but QE won’t help growth, economists say: Reuters poll

#ECB – Lagarde will echo Draghi’s stance, but QE won’t help growth, economists say: Reuters poll

| November 18, 2019

Easy money from the European Central Bank will not revive the eurozone’s frail economy, according to a Reuters poll of economists, who said the ECB’s new president, Christine Lagarde, would follow policies similar to her predecessor’s, writes Shrutee Sarkar. The ECB has resumed bond purchases, buying €20 billion worth of bonds a month, and in […]

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#Eurozone banks may need more buffers – #ECB

#Eurozone banks may need more buffers – #ECB

| November 7, 2019

Eurozone regulators should consider forcing banks to build bigger capital buffers as protection against an even bigger downturn that could lead to a credit crunch, European Central Bank Vice President Luis de Guindos (pictured) said on Wednesday (6 November),write Francesco Canepa and Frank Siebelt. Having amassed capital over the last decade, the currency bloc’s biggest […]

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#Eurozone bond yields climb on hopes for #Brexit deal

#Eurozone bond yields climb on hopes for #Brexit deal

| October 22, 2019

Eurozone bond yields rose on Monday (21 October) as investors sold safer assets on the receding risk of a British no-deal exit from the European Union and in the belief that the UK parliament could soon approve a Brexit agreement, write Tommy Wilkes and Yoruk Bahceli. Optimism over Brexit negotiations after the EU and Britain […]

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#ECB – Draghi calls for eurozone stimulus to boost investment

#ECB – Draghi calls for eurozone stimulus to boost investment

| October 3, 2019

The European Central Bank’s President Mario Draghi (pictured) called on Tuesday (1 October) for eurozone-wide fiscal stimulus aimed at boosting investment, saying the latest steps in this direction are insufficient, writes Lefteris Papadimas. Draghi, who will be replaced by Christine Lagarde next month, was reinforcing his plea for euro zone governments to push the bloc’s […]

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Incoming #ECB President Lagarde: Trade tensions biggest threat to global economy

Incoming #ECB President Lagarde: Trade tensions biggest threat to global economy

| September 25, 2019

Threats to trade are the biggest hurdle for the global economy, but the US economy, the world’s largest, remains in a good place, Christine Lagarde (pictured), incoming president of the European Central Bank, told CNBC in an interview broadcast on Monday (23 September), write Andrea Shalal and Lisa Lambert of Reuters. Lagarde, who headed the […]

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MEPs quiz ECB President #MarioDraghi for last time

MEPs quiz ECB President #MarioDraghi for last time

| September 24, 2019

Mario Draghi (pictured) appeared for the last time in the European Parliament on Monday (23 September) in his tenure as president of the ECB, before stepping down on 31 October. Fielding questions from MEPs of the Economic and Monetary Affairs committee during his thirtieth and last appearance in the European Parliament, Draghi used the occasion […]

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#ECB – European Parliament gives green light to Christine Lagarde

#ECB – European Parliament gives green light to Christine Lagarde

| September 18, 2019

Parliament approved Christine Lagarde’s appointment to succeed Mario Draghi as President of the European Central Bank © EU 2019 – EP  Christine Lagarde (pictured) obtained Parliament’s approval to be the ECB’s next president, in a plenary vote on Tuesday (17 September). In the secret vote, MEPs voted 394 in favour, 206 against and 49 abstentions […]

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