Speaking during an interview, Greece's central banker, Yannis Stournaras, a member of the ECB Governing Council, said Europe’s economy is 'at a balanced point right now, why cut interest rates?'

The European Central Bank prepares for the potential rollout of a digital euro by 2027, aiming to modernize payments while protecting privacy and monetary sovereignty

The partnership between the two lenders aims to expand cooperation across payments, specialized financing, advisory services, capital markets, asset management, and insurance products.

A new ECB study links U.S. policy uncertainty under Donald Trump to reduced lending and weaker monetary policy impact in the eurozone

Despite the ECB’s push for a digital euro and banks’ efforts to reduce branches and ATMs, policymakers face pressure to safeguard access to cash.

Deutsche Bank says the European Central Bank has probably completed its interest rate reductions, with 2% seen as the final rate, though future moves remain possible if inflation trends shift

After eight consecutive reductions, the European Central Bank is expected to halt rate cuts, stabilizing lending conditions and boosting banks’ income prospects.

A European Central Bank report highlights how EU funding boosts productivity, with Greece among the most dependent countries due to limited access to bank lending

The European Central Bank (ECB) announced on Thursday a 25-basis point cut to its three key interest rates, marking the institution’s seventh consecutive reduction. The move, which was expected, brings borrowing costs in the eurozone to their lowest level in more than two years. The ECB’s Governing Council opted to lower the deposit facility rate—the […]

It will be negative the world over and the density and the durability of the impact will vary depending on the scope, on the products targeted, on how long it lasts, on whether or not there are negotiations," said European Central Bank President Christine Lagarde in a Wednesday interview with Ireland's Newstalk radio

The ECB interest rate cuts came as Europe’s central bank is in the process of continuing its quantitative easing policy.

A recent survey by the European Central Bank (ECB) across Eurozone member states revealed that in 2024, Greece was among the countries where cash lost ground to electronic payments, such as cards and mobile payments. Cash vs. Card Payments in Greece In Greece, only 42% of the total value of transactions at consumer service points […]

The ECB interest rates on the deposit facility, the main refinancing operations and the marginal lending facility are 3.25%, 3.40% and 3.65%, respectively, as of October 2024

The agency explains that fund disbursements through the banking sector will help offset pressures anticipated on interest margins beginning in 2025, due to expected rate cuts by the European Central Bank (ECB).

The Governing Council of the European Central Bank (ECB) decided to cut interest rates by 25 basis points for a third consecutive time.

He further added that inflation could be on track to meet ECB's 2% target in the first half of 2025, stressing the need for policymakers to reduce the "highly restrictive" interest rates.

60 % of the companies admitted that attracting skilled employees has become more difficult due to wage levels.

Through the issuance of new bonds recently, the banks have significantly improved their capital positions while at the same time reducing the average cost of servicing their obligations.