Ecb
Reiner Martin, Edward O’Brien, Udara Peiris and Dimitrios P. Tsomoco, “Stabilizing credit when nonperforming loans surge: the role of asset management companies”
European Central Bank, Working paper n° 3195
Posted in: Articolo
Mar
26
2026
Abstract: When default losses elevate borrowing costs, expanding credit cannot stabilize the economy because default rates feed back to lending rates through bank balance sheets. Asset management companies (AMCs) break this loop by purchasing nonperforming loans at their long-run recovery values, thereby fixing the effective ...more »
Tagged width: banking, capital markets, ecb
Towards a new Eurosystem balance sheet
Posted in: News
Nov
07
2025
Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at the ECB Conference on Money Markets 2025 https://www.ecb.europa.eu/press/key/date/2025/html/ecb.sp251106~1133f93311.en.html
Tagged width: ecb, politica monetaria
Monetary policy decisions
Posted in: News
Ott
31
2025
The Governing Council today decided to keep the three key ECB interest rates unchanged. Inflation remains close to the 2% medium-term target and the Governing Council’s assessment of the inflation outlook is broadly unchanged. The economy has continued to grow despite the challenging global environment. ...more »
Tagged width: ecb, eurozone, politica monetaria
Remarks by Philip R. Lane, Member of the Executive Board of the ECB, on the occasion of the conferral of the 2025 Pádraig Ó hUiginn Award
Posted in: News
Ott
26
2025
It is an honour to receive the Pádraig Ó hUiginn Award. Pádraig Ó hUiginn and the previous recipients of this award (John Bruton, Catherine Day and Michael Noonan) have all contributed to the development of Irish and European policy frameworks for the financial services sector… ...more »
Statement by Christine Lagarde, President of the ECB, at the fifty-second meeting of the International Monetary and Financial Committee
Posted in: News
Ott
18
2025
Since our last meeting in April, global economic activity has remained subdued but steady, despite ongoing trade policy headwinds. This resilience partly reflected a frontloading of demand in anticipation of tariffs, which temporarily boosted activity but is unlikely to be sustained… https://www.ecb.europa.eu//press/key/date/2025/html/ecb.sp251017~cb692052ae.en.html
Resisting deregulation: safeguarding bank resilience in an evolving financial landscape
Posted in: News
Ott
04
2025
Geopolitical tensions, soaring asset valuations and financial innovation have put the topic of financial stability back on the agenda. But today, people are talking about hedge funds, bond market functioning, private credit, valuations of AI companies and stablecoins. They rarely mention banks…. https://www.ecb.europa.eu/press/key/date/2025/html/ecb.sp251003_1~edb1443d00.en.html
Tagged width: banking, capital markets, ecb
Set
20
2025
Speech by Christine Lagarde, President of the ECB, ‘Conversations pour demain’ on the occasion of the 25th anniversary of Institut Montaigne in Paris, France https://www.ecb.europa.eu/press/key/date/2025/html/ecb.sp250915_1~9d3e96b972.en.html
PRESS CONFERENCE
Posted in: News
Set
13
2025
Christine Lagarde, President of the ECB,Luis de Guindos, Vice-President of the ECB Frankfurt am Main, 11 September 2025 https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/2025/html/ecb.is250911~a13675b834.en.html
Tagged width: ecb, politica monetaria
Set
07
2025
Introductory statement by Piero Cipollone, Member of the Executive Board of the ECB, at the Committee on Economic and Monetary Affairs of the European Parliament https://www.ecb.europa.eu//press/key/date/2025/html/ecb.sp250904~70ab593276.en.html
Tagged width: ecb, eurozone, politica monetaria
Può una banca centrale salvare il pianeta? E non è uno scherzo.
a cura di Roberto Baviera, Politecnico di Milano
Posted in: Articolo
Set
03
2025
Andavo bel bello sull’alzaia del naviglio grande, come è mia abitudine, ripensando – tutto immerso nei miei pensieri – al noto incipit di Orazio[1], quando mi vedo Mario che mi saluta vistosamente, avendomi riconosciuto in bici nonostante il caschetto. Era seduto in un ...more »
Tagged width: Baviera Roberto, ecb, energy
