On 24 May 2023 the Governing Council held an exchange of views on euro area financial stability issues on the basis of the May 2023 edition of the Financial Stability Review and authorised its publication on the ECB’s website. In addition to providing an ...more »

A seguito della richiesta della Commissione europea, l’Autorità bancaria europea (EBA) ha aggiornato i modelli da utilizzare per la seconda segnalazione annuale delle informazioni sui depositi soggetti ai regolamenti sulle sanzioni ...more »

In the current complex and uncertain macroeconomic context, banks should focus on new lending business model that, while boosting revenues, can also ensure a low capital intensity. In particular, the enhancement of the lending business could be ...more »

With seven hikes in one year, the ECB has raised interest rates at a very rapid pace, by a total of 375 basis points, to bring inflation back to its 2% medium-term target... https://www.ecb.europa.eu//press/inter/date/2023/html/ecb.in230514~b00faef29f.en.html

The paper studies the central bank collateral framework and its impact on banks’ liquidity under anadverse stress test scenario. We construct a stress test model that ...more »

Using evidence from the EU emissions trading system, we collect verifiedemissions of close to 4000 highly polluting and mostly non-listed firms responsible for 26% of EU’s emissions... https://www.ecb.europa.eu//press/key/date/2023/html/ecb.sp230509~b449bef8c9.en.pdf

L'attuale disciplina della gestione delle crisi bancarie lascia aperti dubbi interpretativi, non ancora chiariti dalla giurisprudenza europea. D’altra parte, accanto al confronto costante in sede europea, si avverte la necessità di ...more »

The inflation outlook continues to be too high for too long. In light of the ongoing high inflation pressures, the Governing Council today decided to raise the three key ECB interest rates by 25 basis points... https://www.ecb.europa.eu//press/pr/date/2023/html/ecb.mp230504~cdfd11a697.en.html

L'attività economica globale è rallentata nel periodo estivo e le stime di crescita nelle principali economie sono state riviste al ribasso per il prossimo anno. Il ciclo economico mondiale rimane fortemente condizionato dall'elevata inflazione, dalle difficoltà di ...more »