PRESS RELEASE 4 June 2020 At today’s meeting the Governing Council of the ECB took the following monetary policy decisions: (1) The envelope for the pandemic emergency purchase programme (PEPP) will be increased by €600 billion to a total of €1,350 billion. In response to the pandemic-related downward revision to inflation over the projection horizon,…
INTRODUCTORY STATEMENT Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. We will now report on the outcome of today’s meeting of the Governing Council, which was also attended by the Commission Executive Vice-President, Mr Dombrovskis.
Berlin, Luxembourg, 3 June 2020. Today, the European Investment Bank (EIB), the European Commission and Investitionsbank Berlin (IBB) announced the first closing of their EU Malaria Fund. The European Commission and the European Investment Bank are inv...
£50k awarded to Navenio’s ‘Intelligent Workforce Solution’, improving patient flow and staff/patient safety Funding comes from £40m government boost for companies creating cutting-edge technology Navenio’s infrastruct...
J.P. Morgan Guide to Giving helps donors to be more effective by showing them how to think through key choices in the context of the resources needed today.
INTERVIEW 27 May 2020 Thank you for making time to talk to us. I know you have been incredibly busy recently. It has been an extraordinary few weeks. I’d like to start by asking you about the recent German constitutional court ruling against the ECB’s public sector purchase programme (PSPP). How is the ECB going…
INTERVIEW 27 May 2020 In its ruling on the ECB’s public sector purchase programme (PSPP)[1] pronounced on 5 May, the German Federal Constitutional Court in Karlsruhe found that these asset purchases were partly unconstitutional and that the European Court of Justice (ECJ), in assessing the programme’s proportionality, had failed to satisfy the requirements of a…
Infusion of capital coincides with the simultaneous launch of a comprehensive range of new products supporting the deployment of private wireless edge, 4G and 5G networks
The impact on the economy and markets has unearthed and increased existing vulnerabilities for euro area financial stability, according to the May 2020 Financial Stability Review (FSR) of the European Central Bank (ECB
Ms Schnabel reviewed the financial market developments since the Governing Council’s previous regular monetary policy meeting on 11-12 March 2020. Although the general risk-off mood had subsided and market liquidity was progressively improving, financial markets continued to show signs of fragility, mainly along four key dimensions.