hen examining the current interest rate levels in the USA and Europe, two movements can be observed. First, a sustained decline in long-term interest rates that has lasted for the better part of the last two decades. That has been driven by demographic factors, the progressive integration of China into
Tag: ECB
Euro banknote counterfeiting declines in first half of 2016
Some 331,000 counterfeit euro banknotes were withdrawn from circulation in the first half of 2016, 25% fewer than in the second half of 2015, the European Central Bank (ECB) announced today. The number of counterfeits remains very low in comparison with the increasing number of genuine banknotes in circulation (over
ECB: Changes to collateral eligibility criteria and risk control measures for unsecured bank bonds
The European Central Bank (ECB) has decided on changes to the collateral eligibility criteria and risk control measures applicable to senior unsecured debt instruments issued by credit institutions or investment firms or their closely linked entities. These instruments are known as unsecured bank bonds (UBBs). ECB will amend eligibility criteria
ECB unveils new 50 EUR banknote
EC: Spring 2016 Economic Forecast
EP: Completion of Banking Union on track
he European Commission and the European Supervisory Authorities should conduct an in-depth assessment of the effect of increasing capital requirements in current and future legislation on credit supply, especially to small and medium sized companies, Parliament says in a resolution on the state of the Banking Union. MEPs support the
ECB: Changes to euro foreign exchange reference rates
Instant payments across the EU by November 2017
he Euro Retail Payments Board (ERPB), a group chaired by the European Central Bank that brings together associations of providers and users of payment services, has invited the European Payments Council, a body representing the payment service providers in Europe, to develop a scheme for instant payments in euro by
Nov2015 ECB Financial Stability Review: Risks rise outside euro area
he euro area financial system has been resilient through occasional bouts of financial market volatility in the second half of the year, according to the ECB’s latest Financial Stability Review. The twice-yearly report highlights that the likelihood of an abrupt rise in global risk premia has become more pronounced as
The EU economy Autumn 2015 forecast
Ending EU citizens’ bank secrecy in Switzerland?
EMU: Fiscal, Financial, Economic & Political Union
urope's Economic and Monetary Union (EMU) is in much better shape today than it was before the financial crisis. However, despite progress, particularly as regards reinforcement of the economic governance and the launch of the Banking Union, the EMU remains incomplete. Divergence in economic performance across the euro area is