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 ...
Tag: Christine Lagarde
Christine Lagarde appointed to be the President of the European Central Bank for a non-renewable term of 8 years startinf from 2019. Christine Lagarde replaced ECB President, Mario Draghi.
She had been managing director of the International Monetary Fund since 2011. Prior to that, she held several ministerial posts in France, including that of minister of the economy, finance and industry.
A key principle in the work of the European Central Bank is its political independence, meaning it should be free to pursue its goal of maintaining price stability without being subject to political pressure. Even so, in the interest of democratic accountability, Christine Lagarde as the president of the European Central Bank attends quarterly hearings in Parliament’s economic and monetary affairs committee, known as monetary dialogue, to explain the bank’s monetary policy and decisions in front of the elected representatives of Europeans.
Learning the lessons of the last decade, there has been a renewed consensus that the ECB composition of policies matters for overcoming the crisis. More than ever before, Bank Union, macroeconomic, supervisory and regulatory authorities have dovetailed and made each other’s efforts more powerful.
Christine Lagarde promises that ECB will continue to deliver the financing conditions necessary to protect the economy from the impact of the pandemic. “This is the precondition for stabilising aggregate demand and securing the return of inflation to our aim”. says Christine Lagarde.
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 ...
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 ...
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 ...
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 ...
Economic policy priorities for a post-pandemic recovery
A European Parliamentary Week panel warned of the economic difficulties from the pandemic, noting that crisis could rebuild EU economies. ...
EU leaders debate stability, economic coordination and governance
The European Parliamentary Week 2021 consists of the European Semester Conference and the Interparliamentary Conference on Stability, Economic Coordination and ...
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 ...
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 ...
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 ...
2020 was a remarkable year for economic decisions we will never forget!
Eurogroup President in his 2020 Year in Review highlights significant developments in the field of EU economics and the response ...
Gender equality: Women hold the top Global Finance positions
Promoting gender equality, equal economic independence for women and men and closing the gender pay gap are goals for the ...
Watch LIVE ECB Listens Event. Lagarde eudebates ECB Strategy
ECB President Christine Lagarde and Chief Economist Philip R. Lane host LIVE a virtual listening event with civil society organisations. ...
ECB keeps Zero-rates and boosted PEPP by €600 billion
Euro area economy is experiencing an unprecedented contraction in times of Zero ECB-Rates. There has been an abrupt drop in ...
European Youth Event 2020 goes LIVE online
European Youth Event goes LIVE online. The Covid-19 crisis has changed our lives and young people have been particularly impacted. ...
750bn ECB bond-buying programme to fight Coronavirus
The economic impact of coronavirus is a rising strain across the world and ECB announced €750 billion Pandemic Emergency Purchase ...
Can ECB do whatever it takes? Lagarde sets the rules
Every economic crisis is destined to be moderated by the Central Banks making a policy support mix. Christine Lagarde ECB ...
Coronavirus outbreak threatens EU economy
President of the ECB is ready to take all the appropriate and targeted measures to fight Coronavirus outbreak. ECB President ...
Watch State of the Union live: Ursula von der Leyen gives 2022 address #SOTEU
President Ursula von der Leyen debates priorities ahead of hard winter at the State of the European Union #SOTEU at...
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