Annual growth rate of broad monetary aggregate M3 increased to 5.7% in August 2019 from 5.1% in July (revised from 5.2%) Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, increased to 8.4% in August from 7.8% in July Annual growth rate of adjusted loans to households stood at 3.4% in August, unchanged from […]
In the week ending 20 September 2019 gold and gold receivables (asset item 1) increased by EUR 1 million owing to transactions in gold by two Eurosystem central banks. The net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) decreased by EUR 0.2 billion to EUR 287.8 billion. As a result of the Eurosystem’s open market operations and standing facilities, […]
The European Systemic Risk Board (ESRB) has today published a set of country-specific warnings and recommendations on medium-term vulnerabilities in the residential real estate sector. The ESRB has a mandate to issue warnings when significant systemic risks are identified and to provide recommendations for remedial action to address such risks. The warnings were sent to the […]
Piraeus Bank S.A found in breach of own funds provisions on an individual and on a consolidated basis during six consecutive quarterly reporting periods between 2015 and 2017 committed under the direction of the former management of Piraeus Bank S.A. ECB imposes a penalty for an amount of € 5,150,000 on Piraeus Bank S.A. The […]
EMA’s human medicines committee (CHMP) recommended seven medicines for approval at its September 2019 meeting.
On 19 September 2019, the Executive Director of the European Asylum Support Office (EASO), Nina Gregori, and the Minister of Interior of Cyprus, Constantinos Petrides, signed a Hosting Agreement in Nicosia, Cyprus.
In the week ending 13 September 2019 gold and gold receivables (asset item 1) increased by EUR 5 million owing to transactions in gold by two Eurosystem central banks. The net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) increased by EUR 0.3 billion to EUR 288 billion. As a result of the Eurosystem’s open market operations and standing […]
The European Insurance and Occupational Pensions Authority (EIOPA) established today its Consultative Expert Group on Digital Ethics in Insurance.
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 […]