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The European Central Bank raises interest rates by 0.5 percentage points for the first time since 2011 in order to combat inflation in the EU which increased to 8.6% last month.
2022-07-21

Polish Prime Minister Mateusz Morawiecki proposes a €1 billion (US$1.2 billion) stabilization fund by the European Central Bank to revitalize the Belarusian economy amid the protests. [https:--www.france24.com-en-20200917-poland-proposes-billion-euro-eu-fund-for-belarus (AFP via France 24)]Belarus–European Union relations
2020-09-17

The European Central Bank announces new monetary stimulus, with a second round of quantitative easing "for as long as it deems necessary" and lowering its already-negative main deposit rate.
2019-09-12

Spanish Minister of Economy and Competitiveness, Luis de Guindos, is set to be nominated by the Eurogroup to succeed Vítor Constâncio as Vice-President of the European Central Bank.
2018-02-19

The Bank of Italy says in a statement that the country's treasury will have to put up around 6.6 billion euros to rescue Monte dei Paschi given the European Central Bank's estimate of Monte dei Paschi's capital shortfall.
2016-12-29

A member of the board of the Bundesbank in Germany says that the European Central Bank ought to crack down on the political practice, in EU's member states, by which banks that are no longer viable are nonetheless kept in business, as so-called Zombie banks.
2016-04-18

The new 20 euro note, the third in the Europa series, enters into circulation today. The European Central Bank says the banknote has a “refreshed look and more vibrant colours,” and includes a new kind of security feature: a “portrait window” near the top of the hologram stripe which becomes transparent when seen against the light.
2015-11-25

A UK regulatory agency, the Financial Conduct Authority announces plans to cap the interest rates that can be set by payday lenders, as well as their default charges.
2014-07-15

A member of the governing council of the European Central Bank says that the ECB may yet cut interest rates still further, into negative territory.
2014-03-22

An executive board member of the European Central Bank, Benoît Cœuré, says that the ECB is determined to secure the continued decline in real interest rates in the months ahead.
2014-03-13