RT @ecb: Tune in on 21 October to the first #ECBListens event, hosted by ECB President Christine Lagarde and Chief Economist Philip R. Lane…
European Central Bank Tue 20 Oct 2020 17:10

Lagarde: We estimate that our action between March and June has boosted growth and inflation by 1.3 and 0.8 percentage points respectively, and that we have saved one million jobs. And we have not exhausted our toolbox yet. If more has to be done, we will do more 2/3
European Central Bank Mon 19 Oct 2020 05:08

(THREAD) We will keep a close watch on economic indicators throughout the autumn, President @Lagarde tells @lemondefr. Our central scenario foresees an 8% average fall in euro area GDP in 2020. If the situation deteriorates, our projections will obviously be gloomier 1/3 https://t.co/NenMdufJVf
European Central Bank Mon 19 Oct 2020 05:08

RT @ecfin: How it started: How it’s going: https://t.co/CTLPpgo0l2
European Central Bank Thu 15 Oct 2020 13:50

Working paper: Central bank information effects and transatlantic spillovers Link
European Central Bank Thu 15 Oct 2020 10:15

Working paper: Firm-specific shocks and contagion - Are banks special? Link
European Central Bank Thu 15 Oct 2020 10:15

Speech Philip R. Lane: The pandemic and ECB monetary policy (slides) Link
European Central Bank Wed 14 Oct 2020 12:09

Occasional paper: A review of economic analyses on the potential impact of Brexit Link
European Central Bank Wed 14 Oct 2020 12:09

Enria: The response to the last crisis did not fix the structural problems of the banking market. Consolidation can be part of the solution this time to reduce overcapacity. Obstacles to moving around capital and liquidity should be removed to facilitate cross-border mergers 4/5
European Central Bank Mon 12 Oct 2020 09:07

Enria: If the economy evolves in line with our baseline scenario, banks should be able to handle the increase in bad loans. But we cannot yet rule out the severe scenario, with up to €1.4 trillion in bad loans. An asset management company could be a useful clean-up tool 3/5
European Central Bank Mon 12 Oct 2020 09:07

Enria: Now banks must take a hard look at their loan books and work out which clients are really going to survive the crisis, so that the wave of bad loans doesn’t have a chance to get too big. All banks must also build up their capacity to process bad loans 2/5
European Central Bank Mon 12 Oct 2020 09:07

(THREAD) The ECB’s top priority in the spring was to prevent banks from tightening their lending standards too much and to avoid a credit crunch, Supervisory Board Chair Andrea Enria says in an interview with Handelsblatt 1/5 https://t.co/nw0Pc2wg7u
European Central Bank Mon 12 Oct 2020 09:07

Enria and Fernandez-Bollo: Group recovery plans should play a central role. To strengthen them, one step could be to let subsidiaries and parent companies conclude formal agreements on liquidity support within the group, and to create the necessary incentives and safeguards 2/3
European Central Bank Fri 09 Oct 2020 09:04

(THREAD) We need to foster the integration of cross-border banking groups to ensure that timely liquidity support is provided within them, write Andrea Enria and Edouard Fernandez-Bollo in The Supervision Blog 1/3 https://t.co/aDxg5AIOsi
European Central Bank Fri 09 Oct 2020 09:04

Working paper: The impact of G-SIB identification on bank lending - Evidence from syndicated loans Link
European Central Bank Wed 07 Oct 2020 10:42

Working paper: Covid-19 and rural landscape - The case of Italy Link
European Central Bank Wed 07 Oct 2020 10:42

RT @TARGET_ECB: Are you attending the virtual #Sibos conference this year? Fiona van Echelpoel will tell us whether the @ecb has observed a…
European Central Bank Tue 06 Oct 2020 13:26

Occasional paper: The case for central bank independence - A review of key issues in the international debate Link
European Central Bank Tue 06 Oct 2020 13:26

Working paper: Green asset pricing Link
European Central Bank Tue 06 Oct 2020 13:26

RT @TARGET_ECB: The @ecb will explore whether and how #TIPS could support cross-currency instant payments. The investigation is done jointl…
European Central Bank Tue 06 Oct 2020 09:41

Letter from Andrea Enria, Chair of the Supervisory Board, to Mr Schirdewan, MEP, on banking supervision Link
European Central Bank Mon 05 Oct 2020 15:10

Working paper: The (ir)relevance of the nominal lower bound for real yield curve analysis Link
European Central Bank Mon 05 Oct 2020 09:20

Working paper: Financial drivers of the euro area business cycle - A DSGE-based approach Link
European Central Bank Mon 05 Oct 2020 09:20

Working paper: Sectoral output effects of monetary policy - Do sticky prices matter? Link
European Central Bank Fri 02 Oct 2020 09:17

Working paper: Borrowing constraints, own labour and homeownership - Does it pay to paint your walls? Link
European Central Bank Fri 02 Oct 2020 09:17