As inflation soars to its highest level in three decades in Germany, Simon and Lena Wendland, parents of newborn twins, say that their lives have become more uncertain. Their power supplier has just announced it is doubling its electricity prices, while property prices are looking “rather scary”. “We don’t know where this is going to …
Soaring Prices Fuel Anti-ECB Sentiment In Germany Read More »
FILE PHOTO: The European Central Bank (ECB) logo in Frankfurt, Germany, January 23, 2020. REUTERS/Ralph Orlowski//File Photo April 19, 2021 FRANKFURT (Reuters) – Large euro zone banks have been underreporting their risky assets by 275 billion euros by using their own models to quantify potential losses, the European Central Bank said on Monday. Since the …
FILE PHOTO: European Central Bank (ECB) headquarters building is seen in Frankfurt, Germany, March 7, 2018. REUTERS/Ralph Orlowski/File Photo April 12, 2021 FRANKFURT (Reuters) – Bad loans at euro zone banks fell to a new low in the last quarter of 2020, fresh data showed on Monday, underscoring warnings from the European Central Bank that …
Soured credit at euro zone banks falls to new low despite recession: ECB Read More »
FILE PHOTO: People wearing face protective masks wait outside a National Bank of Greece branch, during the coronavirus disease (COVID-19) outbreak, in Athens, Greece, April 15, 2020. REUTERS/Costas Baltas March 18, 2021 By George Georgiopoulos ATHENS (Reuters) – The European Central Bank supports Greece’s plan to extend a bad-loan reduction scheme to help banks further …
ECB welcomes Greece’s plan to extend Hercules bad-loan reduction scheme Read More »
FILE PHOTO: Vice-President of the European Central Bank (ECB) Luis de Guindos gives a statement during the second day of the Informal Meeting of EU Ministers for Economics and Financial Affairs in Berlin, Germany September 12, 2020. Odd Andersen/Pool via REUTERS March 18, 2021 FRANKFURT (Reuters) – The European Central Bank is stress testing the …
ECB stress testing broader economy over climate risk: de Guindos Read More »
FILE PHOTO: Executive Board member of the European Central Bank Philip Lane attends the Fortune Global Forum in Paris, France, November 18, 2019. REUTERS/Gonzalo Fuentes March 16, 2021 FRANKFURT (Reuters) – The European Central Bank is aiming to stop bond yields from rising before the pandemic-hit euro zone economy is ready to digest higher borrowing …
ECB wants to keep yields in check while economy heals, Lane tells FT Read More »
FILE PHOTO: The headquarter of the European Central Bank (R,ECB) is photographed in Frankfurt, Germany, January 22, 2021, REUTERS/Kai Pfaffenbach March 12, 2021 By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – European Central Bank policymakers sparred over the impact of a $1.9 trillion euro U.S. pandemic relief bill on the euro zone economy and …
ECB policymakers spar on fallout of U.S. stimulus, outlook: sources Read More »
FILE PHOTO: European Central Bank (ECB) headquarters building is seen in Frankfurt, Germany, March 7, 2018. REUTERS/Ralph Orlowski/File Photo March 10, 2021 FRANKFURT (Reuters) – Climate activists from Greenpeace landed a paraglider on top of the European Central Bank’s press centre on Wednesday and hung a banner accusing the bank of funding polluters. After flying …
Greenpeace paragliders land on ECB building in protest Read More »
FILE PHOTO: People walk through the Mall of Berlin shopping centre during its opening night in Berlin, September 24, 2014. REUTERS/Thomas Peter/File Photo February 3, 2021 BRUSSELS (Reuters) – Euro zone consumer inflation rebounded by much more than expected in January, a flash estimate showed on Wednesday, pushed up by a jump in prices in …
Euro zone inflation surges, a communications headache for ECB Read More »
FILE PHOTO: U.S. Dollar and Euro notes are seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration January 25, 2021 By Saikat Chatterjee and Ritvik Carvalho LONDON (Reuters) – How strong is the euro really? Despite European policymakers’ alarm over its run to 2-1/2-year highs against the dollar, several factors governing exchange rates imply …
FX traders brush off ECB talk, bet euro-dollar has further to run Read More »
