ECB

ECB’s De Guindos sees a strong rebound of euro zone economy in third-quarter

ECB’s De Guindos sees a strong rebound of euro zone economy in third-quarter

Published 01/09/2020

MADRID (Reuters) - The euro zone economy has experienced a strong recovery in the third quarter even though the most recent incoming data in August [more…]

Euro zone economy not yet out of danger from coronavirus: ECB’s Panetta

Euro zone economy not yet out of danger from coronavirus: ECB’s Panetta

Published 27/07/2020

BERLIN (Reuters) - The danger to the euro zone economy from the coronavirus pandemic is not yet over, European Central Bank board member Fabio Panetta [more…]

Lagarde says ECB expects more grants than loans in EU recovery fund

Lagarde says ECB expects more grants than loans in EU recovery fund

Published 16/07/2020

FRANKFURT (Reuters) - The European Central Bank expects a pending European Union stimulus scheme to favour grants over loans in the funding mechanism it uses [more…]

ECB to go all the way on stimulus even as economy recovers, Lagarde says

ECB to go all the way on stimulus even as economy recovers, Lagarde says

Published 16/07/2020

FRANKFURT (Reuters) - The European Central Bank will use its stimulus firepower fully even as the euro zone economy shows some signs of rebounding from [more…]

Euro zone banks expect to tighten access to credit in third quarter, ECB says

Euro zone banks expect to tighten access to credit in third quarter, ECB says

Published 14/07/2020

FRANKFURT (Reuters) - Euro zone banks maintained relatively easy access to credit for firms in the second quarter with the backing of government guarantees, but [more…]

Balance of risk now more favourable for euro economy – ECB’s Knot

Balance of risk now more favourable for euro economy – ECB’s Knot

Published 03/07/2020

AMSTERDAM (Reuters) - The risk of a deeper economic euro zone recession than predicted in the European Central Bank’s (ECB) baseline scenario has diminished, ECB [more…]

ECB lowers bar for bank mergers in hope of spurring consolidation

ECB lowers bar for bank mergers in hope of spurring consolidation

Published 01/07/2020

FRANKFURT (Reuters) - The European Central Bank is lowering the bar for bank mergers in the euro zone, hoping to encourage an elusive wave of [more…]

Euro zone data confirm tepid recovery, ECB’s Knot says

Euro zone data confirm tepid recovery, ECB’s Knot says

Published 25/06/2020

FRANKFURT (Reuters) - A string of positive economic indicators in the euro zone confirm that a recovery is on its way but the bloc may [more…]

Changing of guard at top German court signals de-escalation for ECB

Changing of guard at top German court signals de-escalation for ECB

Published 22/06/2020

BERLIN (Reuters) - Changes to the composition of Germany’s top court are likely to make it less confrontational towards the European Central Bank following a [more…]

ECB contemplating dividend moratorium extension, Enria says

Published 09/06/2020

FRANKFURT (Reuters) - The European Central Bank is contemplating whether to extend a request to banks to hold off on dividend payments and share buybacks, [more…]