Cash most popular instrument for in-person retail payments, but use gradually declining... https://www.ecb.europa.eu//press/pr/date/2020/html/ecb.pr201202~0645677cf6.en.html

La recrudescenza dei contagi da coronavirus (COVID-19) torna a porre una serie di sfide per la salute pubblica e le prospettive di crescita dell'area dell'euro e delle economie a livello ...more »

Superano i 2,7 milioni le domande di adesione alle moratorie su prestiti per un valore in aumento a 302 miliardi... https://www.bancaditalia.it/media/comunicati/documenti/2020-02/cs-taskforce-20201014.pdf

Gross capital flows play a central role in today's policy debates. Yet current theory largely relies on net flow models of saving and current accounts. This limits the scope of policy advice... https://www.bis.org/publ/work890.htm

The European Central Bank (ECB) and Народна банка на Република Северна Македонија (National Bank of the Republic of North ...more »

US dollar credit to non-bank borrowers outside the United States grew at an annual rate of 7% (to reach $12.6 trillion) as of end-March 2020, just as the Covid-19 pandemic was escalating... https://www.bis.org/statistics/gli2007.htm

The world entered the COVID-19 pandemic with persistent, pre-existing external imbalances... https://blogs.imf.org/2020/08/04/global-imbalances-and-the-covid-19-crisis/

The introduction of the euro has undoubtedly been one of the most profound changes in the international monetary system since the collapse of the Bretton Woods... https://www.ecb.europa.eu//press/key/date/2020/html/ecb.sp200707~3eebd4e721.en.html

Respondents to the ECB Survey of Professional Forecasters (SPF) for the first quarter of 2019 reported point forecasts for annual HICP inflation averaging 1.5%, 1.6% and 1.7% for 2019, 2020 and 2021, respectively. These results represent downward revisions of 0.2 percentage point (p.p.) for 2019 ...more »