European Central Bank

EUROPEAN CENTRAL BANK NEWSROOM (19 press releases)

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The Deutsche Bundesbank: basic rate of interest as of 1 January 2016 unchanged at -0.83%

PRESS RELEASE -- 30, December 2015

Frankfurt am Main, 30-12-2015 — /EuropaWire/ — The Deutsche Bundesbank calculates the basic rate of interest pursuant to section 247 (1) of the German Civil Code (Bürgerliches Gesetzbuch) and publishes its current level in the Federal Gazette (Bundesanzeiger) pursuant to section 247 (2) of the German … Read the full press release

Eesti Pank to mark the 100th anniversary of the birth of the great chess player Paul Keres with specially designed two-euro commemorative coin

PRESS RELEASE -- 22, December 2015

The two-euro circulation coin dedicated to the 100th anniversary of the birth of Paul Keres will be issued on 7 January Coins will be available from the Eesti Pank museum and online shop from 12.00 noon on 8 January The … Read the full press release

KfW plans to raise EUR 70-75 billion long-term funding in 2016

PRESS RELEASE -- 11, December 2015

Funding of EUR 70-75 billion planned for 2016 “Green Bonds – Made by KfW” – sustainability rating of banks to be taken into account for the award of mandates European cooperation in the securitisation of SME loans Frankfurt am Main, 11-12-2015 … Read the full press release

Europäische Zentralbank: Die neue 20-€-Banknote, fälschungssicherer, die dritte der Europa-Serie, wird heute in Umlauf gebracht

PRESS RELEASE -- 27, November 2015

Neue 20-€-Banknote wird heute in Verkehr gegeben Neuer Geldschein ist fälschungssicherer Eurosystem hat Materialien bereitgestellt, um Anpassung von Banknotenbearbeitungsund -prüfgeräten an neuen 20-€-Schein zu erleichtern Frankfurt am Main, Deutschland, 27-11-2015 — /EuropaWire/ — Die neue 20-€-Banknote, die dritte der Europa-Serie, wird heute … Read the full press release

Oesterreichische Nationalbank: European Central Bank’s comprehensive assessment results in capital increases at Sberbank Europe and VTB Bank Austria

PRESS RELEASE -- 16, November 2015

VIENNA, 16-11-2015 — /EuropaWire/ — In 2015, another nine European banks were subjected to the European Central Bank’s (ECB) comprehensive assessment. Among these institutions are two Russian subsidiaries that run their European business from Vienna, Sberbank Europe (SBE) and VTB … Read the full press release

EBRD acquires 5.4 per cent stake in Hellenic Bank Public Company Ltd for EUR 20m

PRESS RELEASE -- 1, October 2015

€20 million for 5.4 per cent stake in Cypriot financial institution LONDON, 1-10-2015 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) has entered into an agreement to acquire an equity stake in Hellenic Bank Public Company Ltd … Read the full press release

Banco de Portugal: new online form launched to report breaches of the rules applicable to credit institutions and financial companies

PRESS RELEASE -- 23, September 2015

LISBON, 23-9-2015 — /EuropaWire/ — Banco de Portugal publishes today in its website an online form trough which it will be possible to report breaches to the rules applicable to credit institutions and financial companies. Banco de Portugal encourages any … Read the full press release

Central Bank of Malta Quarterly Review: macroeconomic impact on extension of hotel heights; income tax reductions and study on hourly labour costs

PRESS RELEASE -- 18, September 2015

Valletta, Malta, 18-9-2015 — /EuropaWire/ — The Central Bank of Malta has published the second issue of its Quarterly Review for 2015, which analyses recent economic and financial developments in Malta and abroad. The Review also carries a number of analytical … Read the full press release

SEB’s Nordic Outlook August 2015: Strong disinflationary forces, despite rising resource utilisation

PRESS RELEASE -- 26, August 2015

Gentle Fed hikes, Chinese soft landing, persistent Grexit risk STOCKHOLM, 26-8-2015 — /EuropaWire/ — The world economy is hesitating. Looking back at developments this spring and summer, the lingering impression is that global growth is not really willing to take … Read the full press release

University of Sussex, University of Oxford paper shows that British banks engaged in more offshore banking than any other financial centre

PRESS RELEASE -- 20, August 2015

OXFORD, 20-8-2015 — /EuropaWire/ — A new paper shows that British banks engaged in more offshore banking than any other financial centre. Researchers examining the resilience of the world’s financial centres after the global economic crisis conclude that the future … Read the full press release

Fleet management and driver mobility leader LeasePlan Corporation N.V. to be acquired by consortium of long-term investors for EUR 3.7 billion

PRESS RELEASE -- 23, July 2015

Closing is subject to approval by the relevant regulatory authorities Almere, the Netherlands, 23-7-2015 — /EuropaWire/ — LeasePlan Corporation N.V., the global leader in fleet management and driver mobility, today announces that it has been informed by its current 100% … Read the full press release

KfW Research: very marginal growth in German corporate investments expected in 2015

PRESS RELEASE -- 6, May 2015

KfW Research foresees only a slight rise of 0.9% for 2015 compared with the previous year Increasing dynamism over the coming year thanks to growing capacity utilisation in the economy Frankfurt am Main, 6-5-2015 — /EuropaWire/ — After a very … Read the full press release

Bank of Finland: The team from the Helsingin Suomalainen yhteiskoulu won the Finnish finals for the Generation €uro Students’ Award

PRESS RELEASE -- 13, April 2015

HELSINKI, 13-4-2015 — /EuropaWire/ — The team from the Helsingin Suomalainen yhteiskoulu won the Finnish finals for the Generation €uro Students’ Award. In the very tight competition, the teams from Tampereen lyseon lukio and Ålands lyceum tied for second place. The … Read the full press release

Deutsche Bundesbank March Monthly Report: Approaches to strengthening the institutional framework of the European monetary union

PRESS RELEASE -- 24, March 2015

Frankfurt am Main, 24-3-2015 — /EuropaWire/ —The financial and sovereign debt crisis has confronted the European monetary union and its member states with major challenges, and has yet to be overcome. Reforms have been carried out and measures taken in many … Read the full press release

The European Central Bank (ECB) inaugurated its new premises on the site of the Grossmarkthalle, Frankfurt’s former wholesale market hall

PRESS RELEASE -- 19, March 2015

Frankfurt am Main, 19-3-2015 — /EuropaWire/ — The European Central Bank (ECB) today inaugurated its new premises on the site of the Grossmarkthalle – Frankfurt’s former wholesale market hall – alongside regular meetings of the Governing Council and General Council. … Read the full press release

Greek industrial group Mytilineos Holdings S.A. announced record-high operational profitability in its 2014 Full-Year Financial Results

PRESS RELEASE -- 18, March 2015

FY 2014 Highlights: Fourfold increase of net profit after tax and minority rights to €64.9 million, up from €15.9 million in 2013. Record-high operational profitability (EBITDA) at €253.9 million, up from €225.3 million in 2013. Further decline of net debt … Read the full press release

The “New Face of the Euro” exhibition officially opened at Kulturgeschichtliches Museum in Osnabrück from 25 January until 3 May 2015

PRESS RELEASE -- 27, January 2015

The exhibition will run from 25 January until 3 May 2015 at the Kulturgeschichtliches Museum Opening ceremony held in the Peace Hall of the Osnabrück Town Hall Osnabrück, Germany, 27-1-2015 — /EuropaWire/ — The “New Face of the Euro” exhibition was officially … Read the full press release

Banca Monte dei Paschi di Siena confirms ECB’s SSM board met on 12 December 2014 to review its plan on the capital shortfall the Comprehensive Assessment detected

PRESS RELEASE -- 13, January 2015

SIENA, 13-1-2015 — /EuropaWire/ — Further to media speculation as to Banca Monte dei Paschi di Siena’s (“BMPS”) target Common Equity Tier 1 ratio post the completion of the capital plan submitted on 10 November 2014, BMPS can confirm that … Read the full press release

Lithuania becomes the 19th member state of the euro area

PRESS RELEASE -- 6, January 2015

BRUSSELS, 06-1-2015 — /EuropaWire/ — On 1 January 2015 Lithuania became the 19th member state of the euro area, with euro coins and banknotes entering circulation on the same day. The country joined a number of euro area institutions and euro-related … Read the full press release