Global stock markets pushed higher Friday (20 March) at the end of another volatile week, as weary investors welcomed a worldwide fightback against the coronavirus fallout by governments and central banks. In the eurozone, markets jumped after the Euro...
The European Central Bank unexpectedly announced on Wednesday (19 March) that it would spend €750 billion in bond purchases to calm down sovereign debt markets, in the strongest signal in the euro area to date that it was ready to fight against the economic fallout of the coronavirus.
The ECB decided on Thursday to inject more money into the real economy to combat the economic fallout of coronavirus. As markets continued to plunge, the bank's president Christine Lagarde stepped up pressure on member states to pass an “ambitious and collective” fiscal stimulus.
The European Commission will present this autumn a strategy on an integrated EU payments market, to facilitate the use of national payment services across Europe and reduce the dependency from international card operators such as Visa or Mastercard.
EU lawmakers have called on the European Central Bank (ECB) to put climate change at the centre of the bank’s review of its monetary policy strategy this year, endorsing the bank’s chief vision for “gradually eliminating” carbon assets. EURACTIV's media partner Climate Home News reports.
If Christine Lagarde is sincere in her conviction that the ECB’s strategic review should be open minded and “turn each and every stone”, she must persuade the Governing Council to open a discussion on helicopter money, argue Stanislas Jourdan and Eric Lonergan.
The European Commission launched on Wednesday (6 February) a consultation with member states, the European Parliament and other stakeholders to review the EU's fiscal rules, the Stability and Growth Pact.
The monetary stimulus has been one of the main engines of growth over the past years, but continuing with the supply of 'cheap money' could hurt low-income countries, fuel risky investments and affect savers, warned the IMF on Friday (24 January).
Welcome to Davos where the 50th edition of the World Economic Forum (WEF) is taking place on 21-25 January. Throughout the week, EURACTIV gives you a glimpse into one of the world’s most exclusive conferences where political and business leaders meet every year to discuss global economic trends.
The EU's internal market commissioner, Thierry Breton, suggests tapping into the ECB's "easy money" and issuing long-term bonds of up to 50 years in order to unlock the €1,000 billion needed to finance the European Green Deal. EURACTIV France reports.