News
Financial statements of the ECB for 2022
Posted in: News
Feb
25
2023
The European Central Bank’s (ECB’s) audited financial statements for 2022 show that the ECB’s profit was zero (2021: €192 million) and thus there will be no profit distribution to the euro area national central banks (NCBs). This result takes into account a release of €1,627 million from the ...more »
Tagged width: ecb, eurozone, politica monetaria
Feb
25
2023
The price of permits on the European Union’s carbon market hit 100 euros ($106.57) per tonne for the first time on Tuesday, a milestone that reflects the increased costs that factories and power plants must pay when they pollute. The benchmark EU Allowance (EUA) contract ...more »
G20 Roadmap for Enhancing Cross-border Payments: Priority actions for achieving the G20 targets
Posted in: News
Feb
25
2023
Since G20 Leaders endorsed the Roadmap for Enhancing Cross-border Payments in 2020, much has been accomplished through the necessary stocktakes and analyses. Quantitative targets were established to meet the roadmap’s ambition for achieving cheaper, faster, more transparent, and more accessible cross-border payments. During these first ...more »
Tagged width: banking, politica monetaria
Feb
19
2023
The Governing Council will stay the course in raising interest rates significantly at a steady pace and in keeping them at levels that are sufficiently restrictive to ensure a timely return of inflation to its 2% medium-term target. Accordingly, at its meeting on 2 February ...more »
Tagged width: ecb, eurozone, politica monetaria
Feb
19
2023
European natural gas futures settled below €50 a megawatt-hour for the first time in over 17 months as the region’s worst energy crisis in decades recedes — though there are signs further price declines are unlikely. Futures have plunged by more than 80% from their August ...more »
Feb
19
2023
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is today publishing its Peer Review Report on the national supervision of Central Securities Depositories (CSDs) providing cross-border services or participating in interoperable links. The peer review assessed six National Competent Authorities (NCAs) ...more »
Feb
19
2023
The U.S. dollar held gains against a basket of currencies on Thursday, bolstered by stronger-than-expected producer prices and falling jobless claims, hinting that the Federal Reserve would have to maintain its inflation-fighting interest rate hikes for longer. Earlier, the dollar index hit six-week highs… ...more »
Tagged width: capital markets
Feb
12
2023
Europe has been facing an unprecedented energy crisis. Twenty-seven member states of the European Union (EU) got almost 40% of their natural gas imports from Russia in 2021. However, soon after the EU imposed sanctions on Moscow following its invasion of Ukraine… https://www.weforum.org/agenda/2023/02/eu-renewables-energy-crisis/
Feb
12
2023
The European Insurance and Occupational Pensions Authority (EIOPA) has decided to revise the information it receives from national supervisors on occupational pensions, amending the system in place since 2018. The new decision… https://www.eiopa.europa.eu/media/news/eiopa-moves-close-data-gaps-revising-reporting-of-occupational-pensions_en
Feb
12
2023
Shares of Google parent Alphabet closed almost 8 per cent lower on Wednesday, wiping billions of dollars off its market value, as Wall Street digested the potential damage to its search dominance and profits from a new artificial intelligence battle with Microsoft. https://www.ft.com/content/2fe6163b-b4c3-413e-b595-8110e328b42d
Tagged width: capital markets, fintech
