Lagarde and Eurozone governors close ranks in defence of Powell against Trump
European Central Bank president Christine Lagarde and national central bank governors across the Eurozone have closed ranks to defend US Federal Reserve Chair Jerome Powell against criticism from Donald Trump.
What are the duties and responsibilities of the ECB vice-president?
Mário Centeno was chosen by the Portuguese government for the post and could become the first Portuguese member of the ECB's executive board since the bank was established in 1998.
Mário Centeno moves forward with his candidacy for Vice‑President of the European Central Bank
The candidacy will be formalised on Friday.
Centeno advances bid to become ECB vice-president
The announcement of the former governor of the Bank of Portugal's candidacy for the position of vice-president of the European Central Bank (ECB) comes in an exclusive statement to ECO. The candidacy is expected to be formalised this Friday. Mário Centeno says he was “encouraged by European contacts”.
Eurozone inflation returns to the 2% target
Prices have slowed again in the eurozone, giving more grounds to those who argue that the ECB should start thinking about lowering interest rates once more.
Bulgaria becomes the 21st country to adopt the euro
The euro has been in circulation in Bulgaria's economy since 1 January. Travelling to the country therefore no longer requires exchanging currency or facing exchange‑rate risk.
Portuguese banks among the most profitable and solid in the Eurozone
In a context where European banking is slightly stabilising profitability and keeping non-performing loans under control, Portuguese banks continue to stand out for their combination of high profitability and strong capital solidity. The latest data from the European Central Bank (ECB) on the sector shows that the three main national institutions have a ratio ...
Labour costs rise by 3.3% in the eurozone and 3.7% in the EU in the third quarter
In the third quarter, labour costs increased by 3.3% in the eurozone and by 3.7% in the European Union, indicating a significant rise in employment expenses across the region.
Inflation Rhymes with Housing Credit: How Do Eurozone Prices Affect Your Bank Loan?
Inflation in the eurozone rose again in November to 2.2%, reinforcing expectations that the European Central Bank (ECB) will keep interest rates unchanged at its next meeting in two weeks. What does this mean for your bank payment? Listen to the new episode of 'Economy Day by Day', the daily podcast from Expresso.
Despite unanimous decision to keep interest rates at 2%, there are two opposing views within the ECB
At the last meeting of the European Central Bank (ECB) at the end of October, there was unanimous agreement to maintain interest rates at 2%. However, the minutes of the discussion, published this Thursday, reveal two very clear opposing views: one believes that the cycle of rate cuts “has come to an end”; while the other advocates for an “open mind” regarding the possibility of further cuts.
