Tag: ECB
Mediobanca, capital requirement set by ECB widely respected
(Finance) – Mediobanca has received instructions from the ECB in relation to capital requirement Pillar 2 Capital Requirement (P2R) to be respected starting from 1 January 2024 at a consolidated…
Enria (ECB): Italy’s proposal on NPL could compromise market functioning
(Finance) – “Considering the significant efforts undertaken over the last ten years to reduce the level of non-performing loans on banks’ balance sheets, the national initiatives that could undermine progress…
ECB, Nagel: premature to lower rates soon or speculate on such measures
(Finance) – “Forecasts indicate that inflation rates will decrease in the next two years. This is encouraging. However, inflation has remained too high for too long. It is therefore too…
Stability Pact, de Guindos (ECB): without agreement, risk of spread increase
(Finance) – A lack of agreement between EU countries on the revision of the Stability and Growth Pact “could create more uncertainty which could lead to further increases in yields…
ECB, Lagarde: “Capital Market Union essential to address transition challenges”
(Finance) – The Capital Markets Union is an indispensable projectin a phase where The EU faces a number of challenges which will require one generational effort to be financed, but…
ECB, Lagarde: rate level will lead us to an inflation target of 2%
(Finance) – The President of the ECB, Christine Lagardestated that, given our current forecasts on interest rates, “we are at a level where we believe, if held long enough, will…
European stock markets in red waiting for the ECB
(Finance) – Bad day for Piazza Affari and the other main European stock exchanges, on the day on which the ECB Governing Council which will decide on monetary policy matters…
Lagarde (ECB): Greece was able to overcome the debt challenge
(Finance) – “With a stronger economy”, Greece “has been able to overcome the debt challenge”, with the country’s public debt-to-GDP ratio having “fallen 35 percentage points from a peak of…
BofA does not expect “any announcement” at the next ECB meeting
(Finance) – “We do not expect any policy announcements from the ECB” in the meeting of October 26, 2023. The analysts of Bank of America in view of the next…
The ECB is moving (slowly) towards the creation of a digital euro – L’Express
The European Central Bank (ECB) announced this Wednesday, October 18, the launch of “the preparatory phase”, comprising tests and experiments, of the digital euro, designed as a response to the…