ECB Should Avoid Rushing Policy Moves Amid Uncertainty, Says Austria’s Kocher

By admin January 23, 2026 No comment

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The European Central Bank (ECB) should be careful about taking preemptive policy action in response to rising uncertainty, Austrian central bank chief Martin Kocher said in an interview with German outlet Platow. Kocher noted that while geopolitical risks have intensified recently, central banks should avoid committing to policy moves before risks clearly materialise.

Euro Zone Ends 2025 on Steadier Footing as Retail Sales and German Industry Improve

By admin January 9, 2026 No comment

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The euro zone economy showed fresh signs of resilience at the end of 2025, with retail sales outperforming expectations and German industrial activity picking up, according to data released on Friday. Retail sales across the bloc rose 0.2% in November, slightly above forecasts, while annual growth of 2.3% was driven by strong upward revisions to […]

Bulgaria Enters Euro Zone, Bids Farewell to the Lev

By admin January 1, 2026 No comment

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Bulgaria officially joined the euro zone on Thursday, marking a historic shift as the euro replaced the lev as the country’s currency from midnight. Celebrations took place across the capital Sofia, with euro coin projections lighting up the central bank’s facade and fireworks welcoming the milestone. Bulgaria becomes the 21st member of the euro area, […]

German Economic Recovery to Begin Slowly, Says Bundesbank

By admin December 19, 2025 No comment

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Germany’s economic recovery after three years of stagnation is expected to begin slowly next year before gaining momentum later, according to the Bundesbank’s latest biannual economic projections. Europe’s largest economy has struggled since 2023 due to a weakened industrial sector, subdued consumer spending and restrained government expenditure. A turnaround began this

ECB Pushes for Simpler Bank Rules While Keeping Capital Demands Intact

By admin December 12, 2025 No comment

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The European Central Bank has proposed major reforms to simplify the EU’s banking rulebook, aiming to streamline supervisory requirements without reducing overall capital burdens. The ECB argues that reducing complexity should not weaken financial resilience, despite industry pressure for lighter regulations as seen in the U.S. and UK. The plan centres on merging several

Eurozone cuts interest rate for first time in 5 years

By admin June 6, 2024 No comment

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The European Union has become the second major economy this week to reduce its lending rate, indicating progress in addressing inflation. The European Central Bank (ECB) cut its main interest rate from a record high of 4% to 3.75%, following Canada’s decision to lower its official rate on Wednesday. This decision coincides with EU-wide elections, […]

ECB brings in new measures to boost Eurozone Economy

By admin June 5, 2020 No comment

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The European Central Bank has introduced certain dramatic measures to boost the economies of the countries in Eurozone. The recession the world now faces is the biggest since the World War Two period. This is not the first time the European Central Bank has introduced a program to boost the economies of the countries in […]

Germany criticises ECB’s mass bond-buying policy

By admin May 5, 2020 No comment

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A top court based in the European country of Germany has ruled that the mass bond-buying policy of the European Central Bank to stabilise the eurozone partly has violated the constitution of the country. The ruling is not related to the purchase in the coronavirus crisis. It is actually connected to the government debt worth […]