28

Oct

Euro zone corporate lending growth plunges in Sept

Bank lending to euro zone companies plunged last month, suggesting that the bloc’s economic slowdown is finally slowing lending after a period of surprising resilience, data from the European Central…

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25

Oct

No regrets says Draghi as he leaves the helm of ECB

European Central Bank President Mario Draghi said Thursday he had no regrets after completing his eight-year term at the head of the institution. "How do I feel? I feel like…

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07

Aug

ECB to test five Croatian banks

The European Central Bank said on Wednesday it would carry out a stress test of five Croatian banks, a preliminary step in Zagreb’s bid to join the euro zone. Zagrebačka…

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10

Jul

EU’s 2018 bank stress test considered too mild

  Last year’s European Union bank stress test did not appropriately reflect systemic risks, EU auditors said on Wednesday, a shortfall that may have produced misleading results for some lenders,…

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29

May

ECB warns Italy: Obey the budget rules or face the consequences

European Central Bank Vice President Luis de Guindos warned that Italy needs to obey European Union budget rules or face higher borrowing costs that could hurt its economy even more.…

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03

May

Eurozone inflation rate in April beats forecasts

Euro zone inflation surged beyond expectations during the month of April, bring slight relief for the European Central Bank (ECB). Much of the surge was likely related to seasonal effects…

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10

Apr

ECB looking into Swedbank’s Estonian operations

The European Central Bank (ECB) is looking into Swedbank's Estonian operations, Swedish daily Dagens Nyheter reported on Wednesday, citing an undisclosed source. Sweden is not part of the eurozone but…

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28

Apr

ECB retains same interest rates

This week, the European Central Bank announced that it will keep its interest rates unchanged. This decision was based on the ECB's regular economic and monetary analyses. In a statement, the…

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