The UK Government has (16 September) launched a major information campaign urging UK nationals living in Hungary to get ready for Brexit on 31 October.
ECB extends possibility of buying assets with yields below deposit facility rate to all private sector purchase programmes Decision takes immediate effect Extension facilitates smooth implementation of asset purchase programme The Governing Council of the European Central Bank (ECB) today decided to extend the possibility of buying assets with yields below the interest rate on […]
Two-tier system aims to support bank-based transmission of monetary policy Part of excess liquidity holdings exempt from negative deposit facility rate Scheme to apply as of seventh maintenance period starting on 30 October 2019 Exempt tier will be remunerated at the annual rate of 0% The Governing Council of the European Central Bank (ECB) today […]
EMA’s Executive Director has asked the human medicines committee (CHMP) to provide guidance for avoiding the presence of nitrosamine impurities in human medicines containing chemically synthesised active substances.
nterest rate on TLTRO III operations to be reduced Rate can be as low as the average interest rate on deposit facility Maturity extended to three years, from two years, with repayment option after two years The Governing Council of the European Central Bank (ECB) today decided to modify some of the key parameters of […]
The Supremo Tribunal de Justiça (Supreme Court, Portugal) has before it a dispute between Cofemel – Sociedade de Vestuário, SA (‘Cofemel’) and G-Star Raw CV (‘G-Star’), two companies which are both active in the sector of design, production and sale of clothing. The dispute concerns compliance with copyright claimed by G-Star, which accuses Cofemel of […]
VG Media, a German copyright management organisation, brought an action for damages against Google before the Landgericht Berlin (Regional Court, Berlin, Germany) claiming that Google infringed rights related to copyright of some of its members, namely publishers of newspapers or magazines. It claims that since 1 August 2013 Google has used, on its search engine […]
At today’s meeting the Governing Council of the ECB took the following monetary policy decisions: (1) The interest rate on the deposit facility will be decreased by 10 basis points to -0.50%. The interest rate on the main refinancing operations and the rate on the marginal lending facility will remain unchanged at their current levels […]
In the week ending 6 September 2019 gold and gold receivables (asset item 1) increased by EUR 1 million owing to gold transactions by one Eurosystem central bank.
The annual growth rate of the outstanding amount of debt securities issued by euro area residents was 2.9% in July 2019, compared with 2.8% in June. For the outstanding amount of listed shares issued by euro area residents, the annual rate of change was -0.1% in July 2019, compared with 0.0% in June. Debt securities New issuance of debt […]