The closure of the Strait of Hormuz has dramatically altered the paths for central banks around the world
Greece returns to bond markets ahead of the ECB rate decision, buoyed by resilient demand and one of the eurozone’s lowest debt-servicing costs.
Eurostat data puts Greece well above the eurozone average, with energy costs and services driving prices higher across the bloc ahead of a closely watched ECB decision next week.
According to Bloomberg, Greek central bank chief Yannis Stournaras said the European Central Bank may have to raise interest rates in June if energy-driven inflation pressures persist and the euro zone’s price outlook deteriorates further.
Policymaker signals possible rate hikes as oil and gas volatility linked to geopolitical tensions threatens inflation across the eurozone
Yannis Stournaras says the European Central Bank should keep its options open as the Iran conflict adds fresh uncertainty to the inflation outlook and threatens Europe’s fragile growth.
An early exit by central-bank head would give French President Emmanuel Macron a say in filling one of Europe’s most powerful jobs
A report by the Financial Times that the incumbent European Central Bank (ECB) president, Christine Lagarde, is considering stepping down from her post, apart from causing some jitters in the EU currency exchange rate (the euro recorded a slight 0.16% drop against the US dollar in the morning), has also raised questions about the motives […]
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 […]