Keywords: European Central Bank
A senior European Central Bank (ECB) policymaker has warned that concerns about a possible recession in the eurozone are “real and justified,” citing growing geopolitical tensions and economic uncertainty linked to the conflict in the Middle East. Yannis Stournaras, Governor of the Bank......
Spain is expected to push for continued representation on the Executive Board of the European Central Bank (ECB) following the upcoming departure of Vice-President Luis de Guindos. As one of the eurozone’s largest economies, Spain considers its presence on the ECB’s top decision-making body......
The Governor of the Bank of Portugal, Alvaro Santos Pereira, was required to divest personal shareholdings following a review by the European Central Bank, according to official statements released by the central bank. Shortly after assuming office, Santos Pereira had purchased shares in major Portuguese-listed......
The government of Greece has proposed extending the mandate of central bank governor Yannis Stournaras, according to an official statement released on Wednesday. Stournaras, who has led the Bank of Greece since 2014, is also a member of the Governing Council of the European Central Bank. His current......
Italian banking group UniCredit S.p.A. is reportedly reconsidering its strategy in Russia and may opt to liquidate its local operations rather than proceed with a previously discussed sale, according to media reports citing unnamed sources. The bank, once among the major foreign lenders operating in......
The European Central Bank (ECB) has expressed reservations بشأن the professional background of the candidate proposed to lead Monte dei Paschi di Siena (MPS), according to a source familiar with the matter. The concerns focus on whether the nominee has sufficient banking experience to head one of......
Consumers in the euro zone were adjusting their expectations for inflation downward in the period leading up to the U.S.-Israeli conflict involving Iran, according to a survey by the European Central Bank (ECB) released on Friday. The survey showed that median inflation expectations over the next 12......
The European Central Bank has cautioned that global financial markets may be underestimating the impact of rising geopolitical tensions, warning that this miscalculation could trigger sudden market corrections. Speaking in Frankfurt, Claudia Buch highlighted concerns that current market indicators do......
Fabio Panetta, member of the European Central Bank Governing Council, has pointed to competition from inexpensive Chinese imports as a factor behind the sharper-than-expected slowdown in euro zone inflation earlier this year. Speaking at the Assiom-Forex financial conference in Venice, Italy, Panetta......
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