he reasons for the ECB's low long-term interest rate announcement last week, ways to boost lending to small firms and efforts to reduce the fragmentation of financial markets in the EU were among the issues debated with ECB President Mario Draghi by Economic and Monetary Affairs Committee MEPs on Monday. Low

The European Union has been enlarged through the accession of Croatia, taking the total number of EU Member States to 28. As of today Hrvatska narodna banka, Croatia’s national central bank, is a member of the European System of Central Banks (ESCB) and its Governor a member of the General Council

The European Commission published 2013 Convergence Report on Latvia, together with a citizen's summary that briefly explains the report and the rationale behind it. The Commission concludes that Latvia has achieved a high degree of sustainable economic convergence with the euro area and proposes that the Council decide on Latvia’s

The Governing Council of the European Central Bank (ECB) welcomes Euribor-EBF’s decision to introduce separate Eonia and Euribor panels with a view to encouraging banks to join or re-join the reference rate panels according to their level of activity and knowledge of market segments. In the light of this decision,

The European Commission's 2012 report on competition policy shows that without an effective European competition policy, the internal market cannot deliver its full economic potential. Private barriers to trade and competition would risk replacing the public barriers to free movement that have been painstakingly dismantled. Subsidy races would risk wasting

Stress in the euro area financial sector has fallen from previous peaks. Several indicators suggest that euro area systemic stress is at its lowest point in two years. ECB policies have been a key factor underpinning this decline in stress. To consolidate this recent progress, further fundamental adjustment must continue

The Commission has suggested four possible scenarios for the future issuance or withdrawal of 1 and 2 euro cent coins. The Communication adopted today responds to a request from the European Parliament and the Council of Ministers in 20121 to investigate the use of the 1 and 2 euro cent