Credit standards for loans to enterprises eased further in net terms in the third quarter of 2018, according to the October 2018 bank lending survey (BLS). The net easing ... Read More
How money is created Since the Eurosystem launched its accommodative non-standard monetary policy measures, the central bank reserves of commercial banks in the euro area have gone up sharply, ... Read More
353,000 counterfeit euro banknotes were withdrawn from circulation in the second half of 2016 Around 80% of the counterfeits were €20 and €50 banknotes All euro banknotes can be ... Read More
The European Central Bank (ECB) has published a Keynote speech by Yves Mersch, Member of the Executive Board of the ECB, at the French Payments Committee conference on “Technological ... Read More
The period covering the latest rounds of EU enlargement has seen many countries making considerable progress towards participating in Economic and Monetary Union (EMU) The seven countries under review ... Read More
At today’s meeting the Governing Council of the ECB took the following monetary policy decisions: (1) The interest rate on the main refinancing operations of the Eurosystem will be ... Read More
TARGET2-Securities (T2S), the Eurosystem’s landmark platform for securities settlement, started live operation this morning A first group of securities depositories and their user communities from Greece, Malta, Romania and ... Read More
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