European Central Bank
The European Central Bank announced that the consumer price index of the Eurozone has edged to its highest level in a decade. The bank admitted that it had underestimated the potential risk of price increase in EU. The latest figures may provoke a change in the overall ECB policy aimed at containing inflation at significantly lower levels, Reuters elaborated.
Ljubljana/Frankfurt – Stress tests conducted by the European Central Bank (ECB) and Banka Slovenije have confirmed the stability of the Slovenian banking system, pointing out Slovenian banks would fare well even under unfavourable economic scenarios. Nevertheless, banks have been urged to stay cautious in the post-Covid landscape.
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The Governing Council of the ECB today officially gave the green light for the exploratory phase of the project
The ECB said its target would be symmetric
The 10th post-memorandum evaluation report of the Greek economy is expected to be presented during today's Eurogroup meeting in Luxembourg, which will be attended by Finance Minister Christos Staikouras.
Therefore, Greece is expected to take another step towards a positive direction, as another evaluation is successfully completed.
The climate change agenda has a high stake for the Romanian economy and financial system, both in terms of opportunities and costs, should the green transition be delayed, the governor of the National Bank of Romania (BNR), Mugur Isarescu, said on Tuesday at the press conference for the presentation of the Report of the National Committee for Macroprudential Supervision (CNSM).