european-central-bank
Top StoriesWar-Fuelled Inflation Adds to Europe’s Cost of Living Crisis
Top StoriesEuro Zone Inflation Soars to New High, Intensifying ECB Dilemma
Top StoriesEuro Zone Government Bond Yields Rise, Focus on ECB
Top StoriesExclusive-ECB Policymakers Told Ukraine War May Shave 0.3%-0.4% Off GDP
Ukraine Crisis Complicates ECB’s Path to Higher Rates
Date: February 24, 2022
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -European Central Bank policymakers are gathering on Thursday for what may have become a crisis meeting as Russia’s invasion of Ukraine threatens to derail economic growth in the euro zone and complicate the ECB’s path out of negative interest rates. The ECB’s “informal get-together” was aimed at...
German Bonds Rally as Investors Seek Safe Haven After Ukraine Invasion
Date: February 24, 2022
By Yoruk Bahceli (Reuters) -Euro zone bonds rallied on Thursday as investors rushed into safe assets after Russia’s all-out invasion of Ukraine sent European stock markets into a downward spiral. Germany’s 10-year yield, the benchmark for the euro area, fell as much as 10 basis points (bps) to its lowest level since the European Central...
Exclusive-German Debt Office Acts to Ease Bond Shortage After Ecb, Ukraine Crisis – Source
Date: February 23, 2022
By Yoruk Bahceli (Reuters) -Germany’s finance agency has stepped in to ease a bond shortage that developed in the overnight lending market, a market source said, in a sign of stress following the European Central Bank’s hawkish pivot and more recently the Ukraine-Russia crisis. ECB President Christine Lagarde’s Feb. 3 refusal to rule out an interest rate...
Eurogroup Head Donohoe Praises ECB for Covid Record
Date: February 11, 2022
DUBLIN (Reuters) – The head of the Eurogroup of euro zone finance ministers, Paschal Donohoe, on Thursday praised the European Central Bank for its actions during the COVID-19 pandemic, saying they had underpinned a strong economic recovery. “I believe if the ECB had changed its monetary policy guidance in a way that was different to what they...
ECB Tells Banks to Step up Defences Against Hacks
Date: February 11, 2022
FRANKFURT (Reuters) – The European Central Bank is telling euro zone banks zone to step up their defences against cyber attacks, also in the context of geopolitical tensions such as the stand-off between Russia and Ukraine, the ECB’s top supervisor said on Thursday. Andrea Enria was presenting the results of the ECB’s annual review of banks, which he...
Euro Zone Banks Face Rising Cyber Threats Amid Geopolitical Tensions: ECB
Date: February 11, 2022
FRANKFURT (Reuters) – Euro zone banks face an increased risk of cyber attacks, particularly in relation to rising geopolitical tensions, European Central Bank supervisor Andrea Enria said on Thursday. “We are asking (banks) to strengthen their cyber regime measures and look at a potential increase in attacks and the danger of these attacks going forward,” Enria told a...