Banking Union

Eurogroup: Inflation pressure is temporary but economic recovery on hold

ECB's Lagarde believes inflation pressure in Eurozone is temporary but Eurogroup finds that economic recovery is on hold. Further work…

3 years ago

Cyprus: EIB supports Epic high-speed Fiber to the Home network roll-out

Network expansion to improve access to the Epic high-speed broadband network in Cyprus gets EUR 19 million from European Investment…

3 years ago

EU debates modern and safe retail instant payments

Retail instant payments strategy for the EU aims to develop the European payments market to benefit from innovation and digitalisation.…

3 years ago

Strengthening the EU currency and the international role of the euro

A more prominent international role for the common currency would benefit the euro area and its citizens by ensuring more…

3 years ago

ECB Green monetary policy and Climate change

Central banks have already started to look at climate-related risks, greening monetary policy in the context of financial stability. Should…

3 years ago

US Biden plan stimulus for Recovery will impact EURO area

US Biden plan of $1.9tn stimulus programme will boost the US recovery, it will drive global recovery and it will…

3 years ago

ECB inflation forecast 1.5% for 2021 and 1.2% for 2023

Christine Lagarde, President of the Europen Central Bank forecasts temporary inflation rise for 2021 up to 1.5% with limited wage…

3 years ago

EU needs greater corporate transparency for big multinational companies

The EU takes measures to enhance corporate transparency of big multinational companies, to the public country-by-country reporting (CBCR) directive. Member…

3 years ago

Strengthening the EU bank crisis management and deposit insurance framework

The European Commission is reviewing the crisis management and deposit insurance framework (CMDI) in order to strengthen the second pillar…

3 years ago

How will grants and loans be allocated by EU Member States?

Each country will have a maximum grants envelope, determined based on a pre-defined allocation key, which takes into account population,…

3 years ago

ECB must keep money to face future Eurozone inflation

Lagarde said that inflation remained low despite an increase in January due to weak demand and a slump in the…

3 years ago

Cancelling ECB public debt is inconceivable: Christine Lagarde

A letter signed by 100 economists suggests cancelling of the ECB public debt and Christine Lagarde says that this is…

3 years ago

ECB extends liquidity lines with non-euro area Central Banks

The European Central Bank (ECB) decided in December 2020 to offer a nine-month extension of its temporary swap and repo…

3 years ago

Eurosystem accepts climate change-related sustainable investments

Eurosystem central banks aim to start climate-related disclosures for these types of portfolios of sustainable investments within two years. The…

3 years ago

EU role of central banks in combating climate change

Lagarde wants to make ECB a climate change pioneer and give a new role to European central banks to think…

3 years ago

EU Summit priorities left Brexit aside

The EU leaders’ agenda of the EU Summit includes climate targets, coordination of the COVID-19 response and foreign policy issues.…

3 years ago

Why the European Stability Mechanism (ESM) need reform?

On 30 November 2020, the Eurogroup agreed to proceed with the reform of the European Stability Mechanism - ESM. The…

3 years ago

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