ECB: The gas price ceiling mechanism could jeopardize financial stability
EU regulations aimed at tempering the increase in natural gas prices could effectively endanger financial stability and must be reconsidered,…
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ECB pressures companies and banks to manage climate threats
The European Central Bank must take climate changes into account when making decisions because they have a clear impact, especially…
ECB estimates that a growth in oil price will only reduce the potential economic growth of the euro area by 0.8%
A permanent increase of the oil price would reduce potential economic growth in the euro zone by less than 1%…
Germany could enter a severe recession, in the event of a halt of deliveries from Russia
Germany could face a severe recession if there is a halt to gas and oil supplies from Russia, Christian Sewing,…
ECB may have to intervene if energy prices continue to rise
European Central Bank (ECB) may have to intervene if energy prices continue to rise to curb inflation, Isabel Schnabel, a…
ECB expects faster economic growth in 2022 amid expanded immunity
The European Central Bank (ECB) has downgraded its growth estimates for 2021 due to the second wave of the Covid-19…
Germany’s CDU Economic Council rejects ECB role in climate action
The German business association CDU Economic Council, associated with Angela Merkel’s Christian Democratic Union (CDU) party, opposes plans by the…
Bulgaria, ahead of Romania: Has fulfilled almost all commitments to enter euro adoption pre-chamber ERM ll
Bulgaria has fulfilled practically all commitments undertaken a year ago to enter ERM II, also known as the Eurozone waiting…
Parliament has decided that the NBR was obliged to bring the gold reserve to the country
The majority PSD-ALDE adopted the bill initiated by PSD Chairman Liviu Dragnea and Senator PSD Şerban Nicolae, through which the…
