The euro zone economy will grow this year at a rate of 4 %, one tenth more than expected last December, although in 2020 the rebound will be 4.1 % instead of the 4.2 % previously estimated. Meanwhile, the bloc's inflation rate will accelerate as a consequence of "temporary" factors this year and the…
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ECB
ECB rates bitcoin as a speculative asset
In an online event, the president of the European Central Bank, Christine Lagarde, reported that bitcoin has a high level of speculation and needs to be regulated.
At the Reuters Next conference, Lagarde reported that the popular…
The euro recovered on a day marked by Trump’s illness
The euro recovered this Monday, September 5, and showed an upward trend in a day still marked by the coronavirus disease of the president of the United States (USA), Donald Trump.
The common currency was trading at $ 1.1788 at 15:00 GMT…
ECB warns about the possible end of the moratorium
The European Central Bank (ECB) urged banks not to postpone risk management obligations by early identification of delinquencies and taking action "on a case-by-case" basis in order to adopt the relevant provisioning measures in view of the…
Europe to face urgency through unity and solidarity
In the current times that the world is going through, a historic mobilization of the States and of the European Union in terms of governance, determination and resources is fundamental. With more than half of the global population in…
Lagarde urges eurozone governments to coordinate fiscal stimulus plan
The president of the European Central Bank (ECB), Christine Lagarde, has argued that the application of a concerted plan of fiscal stimuli in the Eurozone would accelerate the growth of the region's GDP, which the issuing institute foresees…
The ECB injects 3,400 million in its first TLTRO-III auction
European banks have generally reduced their participation in this type of operations. In the first auction of the TLTRO-II program, almost 400,000 million euros were awarded and more than 500 entities attended. Although the interest rate…
ECB focuses on a decentralized financial system
The 25 members of the Governing Council of the European Central Bank will meet in Lithuania next Thursday and will face a difficult dilemma of how to reduce the risks of an economic slowdown and avoid destabilizing side effects in European…
European Central Bank prepares plan against recession
Facing the recession in Europe requires drastic measures. In this regard, the European Central Bank has established a long-term financing plan or TLTRO-III (Targeted Longer-Term Refinancing Operations III).
It consists of granting loans to…
ECB: Bitcoin has been the biggest bubble in history
Through a report on Financial Stability, the European Central Bank (ECB) assured that Bitcoin has become "the biggest bubble in history". Although the digital currency doesn't pose a risk to the markets because "it's still small if compared…