ECB

The European Central Bank (ECB) extends the liquidity supply framework arrangement to the National Bank of Romania (BNR) via a repo line until January 31, 2027. The European Central Bank (ECB) has agreed to renew the liquidity supply…

The annual inflation rate in the European Union rose to 2.7% in May, from 2.6% in April, while Romania is, for the fifth month in a row, the country with the highest inflation in the EU bloc, shows the data published on Tuesday by the…

The Eurozone is heading into a challenging 2024 with both fiscal and monetary policy turning restrictive as real rates turn more limiting and governments tighten their belts. While analysts expect to the ECB to start cutting rates in…

The European Central Bank would risk plunging the European Union into a long recession if it decides to raise interest rates at its pivotal meeting on Thursday, following the growth downgrades of the bloc by the European Commission. This…

While most people were relaxing over the weekend, financial institutions were working around the clock to come up with a solution for Credit Suisse Bank whose faith was in the balance. Sunday night the news came that UBS bought its troubled…

The Euro is at its highest level since April 2022. The Euro has gained almost 10% against the dollar in the last three months. iBanFirst analysts, one of Europe's largest providers of foreign exchange and international payments, explained…

Aside from pandemic-related base and one-off effects, the surge is largely due to the combination of a strong re-opening momentum and snarled-up supply chains as the fragile global production and distribution system failed to keep up with…

Croatia is rolling out the Euro in 2023 and Bulgaria in 2024. But where is Romania and the Eurozone? Recently the new pro European reform government coming to power in December 2020 has delayed Romania's entry in Eurozone to 2028 or…

Last week, policy makers stepped up, as containment measures could cost between 0.7pp to -3.0pp of GDP growth depending on the country and the severity of the lockdowns, an Euler Hermes-Alliance research points out. Next to steps aimed at…

The European Central Bank (ECB) has submitted its opinion on the so-called ‘tax on greed’ (tax on bank assets) introduced by the Government, without explicitly mentioning a negative opinion, which implies the acceptance of the Emergency…