European Central Bank
ECBSpeech
Lane warns global AI boom tightens euro area financing
Global AI investment is contributing to higher long-term interest rates and tighter euro area financial conditions, European Central Bank (ECB) Executive Board member Philip R. Lane said at the International AI Summit in Dublin on October 13, 2026.
Focus
ECBPaper
Common debt benefits both members when taxes fund risk sharing
Common borrowing can benefit both safe and risky countries without transfers in expectation, Giovanni Bonfanti finds in European Central Bank (ECB) Working Paper 3297, published October 12, 2026.
ECBNews
Deposit rate raised to 2.50 percent on persistent energy shock
Meeting in Berlin, the European Central Bank (ECB) Governing Council raised the deposit facility rate by 25 basis points to 2.50 percent.
Latest
ECBDecoder
Unequal climate impacts amplify price stability risks
Disproportionate climate shocks across regions and households amplify risks to euro area price and financial stability, according to an ECB Blog analysis published on October 8, 2026.
ECBPaper
Buyouts lift supplier sales 8 percent, cut markups in downturns
Suppliers of private equity target firms expand sales by 8 percent and jobs by 4 percent, but see markups drop by 8 percent during downturns.
ECBSpeech
Cipollone targets 2029 digital euro launch as pilot nears
European Central Bank Executive Board member Piero Cipollone confirmed that the digital euro could launch in 2029, with initial payment tests beginning within twelve months.
More Topics
ECBPaper
Quarterly stress indices untangle bank capital and earnings risks
Two new quarterly indicators derived from EU-wide stress tests track euro area banking vulnerabilities by separating conditional capital depletion from organic earnings capacity.
ECBPaper
Shareholder home bias drives 20 percent deeper investment cuts
Euro area companies with geographically diversified shareholders reduced capital expenditure by 20 percent less during the pandemic shock than home-biased peers.
ECBSpeech
Cipollone targets 2029 digital euro rollout alongside Pontes
The European Central Bank aims for a potential first digital euro issuance in 2029 following a 12-month pilot starting in late 2027.
ECBSpeech
Elderson targets 12,000 bank findings with tiered review
ECB Banking Supervision is overhauling its backlog of 12,000 outstanding remedial measures through a tiered supervisory framework, Vice-Chair Frank Elderson announced in Vienna on October 6, 2026.
ECBPaper
Operational independence drives macroprudential action in the EU
16 of 27 EU member states anchor both designated macroprudential and microprudential authority within their central banks.
ECBDecoder
AI-intensive firms turn to market debt over bank loans
Euro area firms adopting artificial intelligence have doubled between 2023 and 2025 while shifting their debt financing from bank lending to capital markets.