European Central Bank

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 investor morale improves in August but recovery sluggish – Sentix

Euro zone investor morale improves in August but recovery sluggish – Sentix

Published 10/08/2020

BERLIN (Reuters) - Investor morale in the euro zone rose for a fourth consecutive month in August but the low reading suggests that the coronavirus-hit [more…]

Euro zone companies tapped bank credit in June even as economy reopened

Euro zone companies tapped bank credit in June even as economy reopened

Published 27/07/2020

FRANKFURT (Reuters) - Euro zone companies continued to tap bank credit at a brisk pace in June even as the economy reopened after three months [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…]

Cresting ‘first wave’ of stimulus may be next hurdle for world markets

Cresting ‘first wave’ of stimulus may be next hurdle for world markets

Published 16/07/2020

LONDON (Reuters) - A growth spurt in the balance sheets of the world’s biggest central banks has crested in recent weeks, drawing warnings from investors [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…]

German economy is recovering from pandemic slump, Bundesbank data shows

German economy is recovering from pandemic slump, Bundesbank data shows

Published 13/07/2020

FRANKFURT (Reuters) - The German economy is rebounding from a pandemic-induced slump after hitting bottom last month, a real-time indicator developed by the country’s central [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…]