TARGET2 processed 91% of the total value settled by large-value euro payment systems Value of transactions decreased by 22.2% on account of new data collection methodology Almost 57,000 credit institutions across the world can be addressed via the system Frankfurt … Read the full press release
Posted in Banks, European Union, Financial, Germany, Management
Tagged European Central Bank, Europe’s leading large-value payment system, TARGET2
Madrid, 9-5-2014 — /EuropaWire/ — Linette Field, the current Head of Division of the Directorate General Micro-Prudential Supervision II of the European Central Bank, has been appointed to head one of the six Deputy Directorates General of the Single Supervisory Mechanism (SSM), which … Read the full press release
Prior to the unveiling of the new €10 in January 2014, European Union residents can discover the note’s security features in a competition to be launched today. 20 high-scoring players will win €5 VIP banknotes from the Europa series personally … Read the full press release
Frankfurt, Germany, 16-12-2013 — /EuropaWire/ — National Bank of Serbia, the European Union (EU) Delegation to Serbia and the European Central Bank (ECB) today celebrated the completion of an extensive cooperation agreement with the National Bank of Serbia (NBS) to help the … Read the full press release
Brussels, Belgium, 01-10-2013 — /EuropaWire/ — A delegation from the European Commission, in liaison with the European Central Bank, carried out the fourth review of the financial sector assistance programme for Spain from 16 September to 27 September 2013. The International Monetary … Read the full press release
17-9-2013 — /EuropaWire/ — This year’s EUROPEAN CULTURAL DAYS of the European Central Bank (ECB) features artists from Latvia – the next country to adopt the euro. Under the motto “Enchanting Latvia”, a range of cultural venues across Frankfurt am Main will … Read the full press release
Posted in Art & Culture, Banks, Financial, Germany, Latvia
Tagged adopt the euro, Aigars Reinis, Ainārs Rubiķis, Alvis Hermanis, artists, Baiba Skride, Bulgarian composer Dobrinka Tabakova, Camille Saint-Saëns, Deutsche Architekturmuseum, Dobrinka Tabakova, ECB's EUROPEAN CULTURAL DAYS, Enchanting Latvia, Ēriks Ešenvalds, Euro, European Central Bank, EUROPEAN CULTURAL DAYS, Gesellschaftshaus Palmengarten, Ilmārs Rimšēvičs, Latvia, Latvian National Symphony Orchestra, Latvian Radio Choir, Latvijas Banka, Mario Draghi, Pēteris Barisons, Pēteris Vasks, Professor Oskars Redbergs, Reinhold Friedrich, Reinis Zariņš, Richard Wagner, Riga, Rihards Dubra, State Chamber Orchestra “Sinfonietta Rīga”, The Latvian State Choir “Latvija”
17-9-2013 — /EuropaWire/ — The Bank of England and European Central Bank (ECB) are today announcing an extension of their temporary reciprocal swap agreement (swap line) to Tuesday 30 September 2014. The swap line was established in December 2010 to enable the … Read the full press release
Posted in Banks, Business, Financial, Germany, Government, Investment, United Kingdom
Tagged Euro, European Central Bank, reciprocal swap agreement, sterling, sterling liquidity, swap line, The Bank of England
16-7-2013 — /europawire.eu/ — Card fraud has been on a declining trend since 2007, thanks to technological advances that are making transactions safer. This is the main conclusion of the second report on card fraud published today by the European Central … Read the full press release
Posted in Banks, Business, European Union, Financial, Government, Law, Security & Safety
Tagged card, card fraud, European Central Bank, FRAUD, safer card transactions, SEPA, Single Euro Payments Area
Brussels, 4-6-2013 — /europawire.eu/ — A delegation from the European Commission, in liaison with the European Central Bank, the European Stability Mechanism and the European Banking Authority, carried out the third review of the financial sector assistance programme for Spain from … Read the full press release
Posted in Banks, Belgium, Business, Economy, European Union, Financial, Government, Politics, Spain
Tagged bank restructuring, EC, ECB, European Banking Authority, European Central Bank, European Stability Mechanism, International Monetary Fund, SAREB, solvency, solvency rates, Spain, Spanish asset management company, Spanish financial markets, statement
Brussels, 9-5-2013 — /europawire.eu/ — Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) visited Dublin during April 23rd – May 2nd, 2013 for the tenth review of the government’s economic programme and met with … Read the full press release
7-5-2013 — /europawire.eu/ — The Governing Council of the European Central Bank (ECB) has today decided to continue conducting its main refinancing operations (MROs) as fixed rate tender procedures with full allotment for as long as necessary, and at least until … Read the full press release
3-5-2013 — /europawire.eu/ — At today’s meeting, which was held in Bratislava, the Governing Council of the ECB took the following monetary policy decisions: The interest rate on the main refinancing operations of the Eurosystem will be decreased by 25 basis … Read the full press release
Posted in Banks, Business, Economy, European Union, Financial, Germany, Government, Slovakia
Tagged ECB, European Central Bank, Eurosystem, interest rate, Monetary policy decisions
29-4-2013 — /europawire.eu/ — MEPs quizzed European Central Bank Vice-President Vitor Constancio on what more can be done to help credit flow to businesses and households, whether austerity is the right recipe, ECB transparency and possible interest rate cuts at Wednesday’s … Read the full press release
Posted in Banks, Belgium, Business, Economy, European Union, Financial, France, Government, Politics, Society
Tagged Austerity, credit flow, crisis, ECB, Emergency Liquidity Assistance, European Central Bank, Gianni Pittella, interest rate cuts, lend, liquidity, MEPs, rate cut, structural reforms, Vitor Constancio
29-4-2013 — /europawire.eu/ — The EIB is one of “five major building blocks” for economic recovery and sustainability according to an editorial article published today in the International Herald Tribune and co-signed by Olli Rehn, European Commissioner for economic and monetary affairs; Jeroen … Read the full press release
Posted in Banks, Belgium, Business, Economy, European Union, Financial, Government, Investment, Politics
Tagged 10bn capital increase, Brookings Institution, ECB, economic recovery, EIB, ESM, European Central Bank, European Investment Bank, International Herald Tribune, investments, Jeroen Dijsselbloem, Jorg Asmussen, Klaus Regling, lending, Olli REHN, uropean Stability Mechanism, Washington DC, Werner Hoyer
24-4-2013 — /europawire.eu/ — The European Central Bank (ECB) is publishing its report on the results of the April 2013 euro area bank lending survey today. The bank lending survey, which is conducted four times a year, usually at the … Read the full press release
Posted in Banks, Business, Economy, European Union, Financial, Germany, Government, Investment
Tagged bank, bank lending, bank lending behaviour, bank lending survey, banks’ funding conditions, credit margins, credit standards, ECB, euro area, European Central Bank, Eurosystem, financial market tensions, Frankfurt am Main, lending, sovereign debt crisis, survey, wholesale funding
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