Eurozone Inflation Sinks to Two-Year Low
In the Eurozone, the inflation rate has fallen to the lowest level in more than two years.
European Central Bank - page 3
European Central Bank to Launch Preparation Phase for Its CBDC in November
The European Central Bank (ECB) is currently as close as possible to launching a digital euro.
Spain’s Deputy Central Bank Governor Suggests Tools to Mitigate Digital Euro’s Unintended Consequences
Deputy head of the Central Bank of Spain Margarita Delgado said that before making a final decision on the launch of the digital euro, the European Central Bank should analyze the potential impact of the virtual currency on the banking system of the eurozone.
Raiffeisen Attempts Last-Ditch Russian Spin-Off
The increasing pressure to cut all ties with Moscow has finally boosted the efforts of Raiffeisen Bank International (RBI) to transfer its Russian arm to shareholders
UBS to Buy Credit Suisse, While Central Banks Try to Soothe Market Turbulence
UBS Group will buy Credit Suisse Group for 3 billion Swiss francs ($3.23 billion) in a historic deal backed by Swiss authorities, as problems in the global banking sector persist
ECB Introduces Timeline for CBDC Rollout
The European Central Bank (ECB) has announced its plans for a step-by-step rollout of a digital euro CBDC. The final realisation phase may come later this year
ECB to monitor Digital Transformation Efforts at Banks
The European Central Bank plans to conduct targeted reviews and inspections due to the identification of shortcomings in the digital transformation strategies of banks.
Bank for International Settlements to Step Up Work on Monitoring of Stablecoins
The Bank for International Settlements has published a plan for the development of its network of innovation hubs for 2023, which, among other things, provides for active monitoring of stablecoins on an ongoing basis.
ECB Reveals Euro Area Lending Trends
January 2023 euro area bank lending survey by European Central Bank (ECB) revealed significant tightening in credit standards for all loan categories along with subdued business loan demand
ECB to Stay Course to Return Inflation to 2%
Christine Lagarde said that the European Central Bank will take all necessary measures to return inflation to the target of 2%.
ECB Contemplates Development of Digital Euro App
The European Central Bank is exploring the prospects of creating a digital euro mobile application.
60% of Card Payments in Europe are Contactless
European Central Bank (ECB) has conducted “Study on the payment attitudes of consumers in the euro area (SPACE) 2022”, revealing the growth of contactless card payments in the EU
Demographics Determine Payment Preferences
The European Central Bank found out that the demographic factor determines consumers’ payment preferences.
Inflation in Eurozone Fall to 9.5%
For the first time in two months, inflation in the Eurozone was less than 10%. The preliminary consumer price index in the single euro area increased by 9.2% year-on-year in December. This figure in November was 10.1%. In October, the index was a record, its value was equal to 10.6%. Experts predicted inflation in the […]
ECB Executive Urges to Assimilate Crypto with Gambling
ECB board member Fabio Panneta suggests trading unbacked crypto assets should be regulated similarly to gambling
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