RSSEuropean Central Bank (ECB)

Prolonged uncertainty weighs on eurozone growth outlook: #ECB

Prolonged uncertainty weighs on eurozone growth outlook: #ECB

| August 9, 2019

Prolonged uncertainty is dampening the euro zone’s growth outlook, particularly for manufactured goods, the European Central Bank said in a regular Economic Bulletin on Thursday (8 August), writes Balazs Koranyi. Trade tensions are high and the risk of a no-deal Brexit remains, pointing to weaker eurozone growth in the second and third quarters, the ECB […]

Continue Reading

#ECB to test five Croatian banks as country aims for euro entry

#ECB to test five Croatian banks as country aims for euro entry

| August 8, 2019

The European Central Bank said on Wednesday (7 August) it would carry out a stress test of five Croatian banks, a preliminary step in Zagreb’s bid to join the eurozone, writes Francesco Canepa. Zagrebačka banka, Privredna banka Zagreb, Erste & Steiermärkische Bank, OTP banka Hrvatska and Hrvatska poštanska banka will all be tested, with results […]

Continue Reading

#Eurozone banks expect rising loan demand in third quarter – #ECB

#Eurozone banks expect rising loan demand in third quarter – #ECB

| July 24, 2019

Eurozone banks expect loan demand to rise in the third quarter while they keep corporate lending and mortgage credit standards unchanged, the European Central Bank said in a quarterly lending survey on Tuesday (23 July), writes Balazs Koranyi. With economic growth slowing and uncertainty on the rise, the ECB has already given banks a new […]

Continue Reading

Europe needs to find candidate to head #IMF – France

Europe needs to find candidate to head #IMF – France

| July 8, 2019

European finance ministers need to find a compromise candidate to replace Christine Lagarde (pictured) as the head of the International Monetary Fund, French Finance Minister Bruno Le Maire said on Saturday (6 July), writes Leigh Thomas. European leaders nominated Lagarde last week to succeed Mario Draghi as president of the European Central Bank, raising the […]

Continue Reading

#EUTopJobs – New-era EU leadership emerges from stalemate

#EUTopJobs – New-era EU leadership emerges from stalemate

| July 4, 2019

Few would have predicted, write Mark John and Mike Dolan, the outcome of a European Union summit that will go down as a landmark moment for gender parity, placing for the first time the two most powerful institutional jobs in the 28-member EU in the hands of women.  Neither the IMF’s Christine Lagarde (pictured) nor Germany’s […]

Continue Reading

#EUTopJobs – European Council President #DonaldTusk nominates four candidates to lead #EUInstitutions

#EUTopJobs – European Council President #DonaldTusk nominates four candidates to lead #EUInstitutions

| July 2, 2019

As of 19h05 on 2 July 2019, European Council President Donald Tusk brought an end to nearly three full days of inter-institutional wrangling in Brussels and the European Parliament in Strasbourg, France, by naming the official candidates for European Commission president, European Council President, European Central Bank president and High Representative for Foreign Affairs and […]

Continue Reading

Open letter: Next #ECB president’s legitimacy requires more open and transparent appointment process

Open letter: Next #ECB president’s legitimacy requires more open and transparent appointment process

| June 21, 2019

Ahead of an important European Council meeting, 16 NGOs led by Positive Money Europe have co-signed an open letter addressed to Donald Tusk (pictured) demanding a stronger appointment process in line with the independence of the European Central Bank, writes Alessia Del Vasto. As of November, Mario Draghi will leave his position as president of the European […]

Continue Reading