ECB stimulus plan meets court requirements, says German finance minister

By |junij 30th, 2020|ECB, European Central Bank, News|

The European Central Bank (ECB) has met the principle of proportionality with its flagship stimulus programme, Germany's finance minister and lawmakers said, ending a legal conflict that threatened to undermine central bank policy.

Komentarji so izklopljeni za ECB stimulus plan meets court requirements, says German finance minister

Lagarde warns of market turbulences if no quick adoption of recovery fund

By |junij 8th, 2020|Christine Lagarde, ECB, European Parliament, News, Recovery Fund|

European Central Bank President Christine Lagarde called on member states on Monday (8 June) to urgently adopt the EU recovery plan, saying any delay could create “negative spillovers” in the markets and increase the costs of overcoming the recession. 

Komentarji so izklopljeni za Lagarde warns of market turbulences if no quick adoption of recovery fund

ECB doubles down on pandemic response after German ruling

By |junij 4th, 2020|Asset purchase programme (APP), Christine Lagarde, ECB, German Constitutional Court, News|

The European Central Bank announced on Thursday (4 June) that it will add €600 billion to its €750 billion bond-buying response against the coronavirus, in its first governing council meeting after Germany’s Constitutional Court ruled against the bank's asset-purchasing programme.

Komentarji so izklopljeni za ECB doubles down on pandemic response after German ruling

ESM corona-loans expected to be available from 15 May

By |maj 9th, 2020|ECB, Eurogroup, European Stability Mechanism (ESM), German Constitutional Court, News|

The €240 billion in ‘cheap’ loans for countries affected by the coronavirus COVID-19 will be available as from 15 May, 15 days ahead of the expected date, European Stability Mechanism (ESM) chief, Klaus Regling, said on Friday (8 May).

Komentarji so izklopljeni za ESM corona-loans expected to be available from 15 May

ECJ reiterates that rulings are binding, as German court fallout continues

By |maj 8th, 2020|bond-buying, ECB, ECJ, German Constitutional Court, News, PSPP|

The European Court of Justice is the only legal body able to determine if an EU institution violated bloc law, the Luxembourg-based tribunal said on Friday (8 May), as the fallout from the German Constitutional Court's European Central Bank ruling continued. 

Komentarji so izklopljeni za ECJ reiterates that rulings are binding, as German court fallout continues

ECB will continue doing whatever is necessary to deliver on mandate, Lagarde says

By |maj 8th, 2020|Christine Lagarde, ECB, European Central Bank, Eurozone, IMF, Kristalina Georgieva, Lagarde, News|

European Central Bank chief Christine Lagarde has responded to a recent German court ruling that challenged the bank's authority by saying the ECB is an independent institution, accountable to the European Parliament, that will continue to do whatever ...

Komentarji so izklopljeni za ECB will continue doing whatever is necessary to deliver on mandate, Lagarde says

Tweets of the Week: Court Decision, Funding Marathon, Deconfinement Rules

By |maj 8th, 2020|coronavirs, déconfinement, ECB, European Commision, News, Tweets of the week|

German court ruling gives ECB a fright, global leaders pull together with all of their might, and in some places it seems a lockdown end is in sight.

Komentarji so izklopljeni za Tweets of the Week: Court Decision, Funding Marathon, Deconfinement Rules

EU finance ministers to pass on ECB ruling

By |maj 7th, 2020|ECB, Eurogroup, European Court of Justice, German Constitutional Court, News, Pandemic Recovery Fund, PSPP|

The Eurogroup will discuss on Friday (8 May) the German Constitutional Court's controversial ruling on the European Central Bank's critical bond-buying programme but will not take a position, according to EU sources. 

Komentarji so izklopljeni za EU finance ministers to pass on ECB ruling

German court gives ultimatum to ECB on bond-buying programme

By |maj 5th, 2020|Asset purchase programme (APP), Christine Lagarde, ECB, German Constitutional Court, Germany, News|

Germany’s central bank (Bundesbank) should suspend the implementation of the European Central Bank's critical bond-buying programme unless the ECB proves the proportionality of its monetary stimulus, aimed at shoring up the eurozone's economies, Germany's Constitutional Court ruled on Tuesday (5 May).

Komentarji so izklopljeni za German court gives ultimatum to ECB on bond-buying programme

ECB ready to increase its coronavirus stimulus

By |april 30th, 2020|Christine Lagarde, ECB, News|

The ECB is ready to increase its €750 billion bond-buying programme to cope with the fallout of the coronavirus pandemic, as the eurozone economy could fall by 12% this year, its president Christine Lagarde said on Thursday (30 April).

Komentarji so izklopljeni za ECB ready to increase its coronavirus stimulus