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Keywords: European Central Bank
European Central Bank policymaker Joachim Nagel has cautioned that inflationary pressures in the Eurozone are likely to remain elevated even if the Strait of Hormuz reopens in the near term, highlighting the ongoing risks linked to global energy markets. Nagel noted that any improvement in oil supply......
Eurozone GDP contracted by 0.2 percent in the first quarter of 2026 after a sharp downward revision of earlier estimates. The final figures show a significant shift from the initial flash estimate, which had indicated a 0.1 percent expansion. The revision marks the first quarterly contraction in the......
The European Central Bank will send a formal letter to all banks under its supervision, instructing them to strengthen defenses against cyberattacks driven by advanced artificial intelligence models. The move reflects growing concern within the institution about the speed and scale at which AI tools......
The European Central Bank reported that the euro zone’s current account surplus narrowed significantly in March due to a sharp decline in the region’s trade surplus, reflecting ongoing economic pressures across Europe. According to the latest data, the seasonally adjusted current account......
Wage growth in the eurozone remains broadly stable, according to the latest data from the European Central Bank (ECB), which showed little change in negotiated salary trends since the start of the conflict involving Iran. The ECB wage tracker indicated that negotiated wage growth is expected to remain......
A senior European Central Bank (ECB) policymaker has warned that concerns about a possible recession in the eurozone are “real and justified,” citing growing geopolitical tensions and economic uncertainty linked to the conflict in the Middle East. Yannis Stournaras, Governor of the Bank......
Spain is expected to push for continued representation on the Executive Board of the European Central Bank (ECB) following the upcoming departure of Vice-President Luis de Guindos. As one of the eurozone’s largest economies, Spain considers its presence on the ECB’s top decision-making body......
The Governor of the Bank of Portugal, Alvaro Santos Pereira, was required to divest personal shareholdings following a review by the European Central Bank, according to official statements released by the central bank. Shortly after assuming office, Santos Pereira had purchased shares in major Portuguese-listed......
The government of Greece has proposed extending the mandate of central bank governor Yannis Stournaras, according to an official statement released on Wednesday. Stournaras, who has led the Bank of Greece since 2014, is also a member of the Governing Council of the European Central Bank. His current......