European Central Bank
Euro area consumer prices showed increased flexibility during inflation surge
A new ECB Working Paper documents how consumer prices in nine euro area countries became more flexible during the 2021-2024 inflation surge.
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Euro area labor market resilient as real wages adjust to inflation
A new European Central Bank working paper investigates the surprising resilience of the euro area labour market during the early 2020s inflation surge.
Cipollone outlines digital euro benefits and implementation timeline
ECB Executive Board member Piero Cipollone clarified the central bank's rationale for a digital euro, highlighting its benefits for European citizens and businesses.
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Lagarde confirms ECB cannot back national guarantees for EU borrowing
ECB President Christine Lagarde clarified in a letter to MEP Fabio De Masi that the central bank cannot provide liquidity for national guarantees related to EU borrowing for Ukraine.
Bulgaria's euro entry changes ECB capital and Governing Council voting
Bulgaria adopted the euro on January 1, 2026, making the Bulgarian National Bank a full ECB shareholder and its governor a member of the Governing Council.
Forecasters maintain inflation outlook, upgrade 2026 GDP amid easing uncertainty
In the European Central Bank's Survey of Professional Forecasters for Q1 2026, expectations for headline and core inflation remained unchanged.
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Euro area firms report mixed business momentum and cost pressures
Recent contacts between ECB staff and 79 euro area non-financial companies reveal gradually increasing business momentum and confidence.
Forecasters see stable inflation, slight GDP growth rise for 2026
The ECB's Survey of Professional Forecasters shows unchanged inflation expectations across all horizons.
Digital euro to strengthen Europe's payments ecosystem
ECB Executive Board Member Piero Cipollone highlighted the digital euro as a crucial tool to strengthen Europe's payments ecosystem.
Key ECB interest rates remain unchanged as inflation stabilises
The European Central Bank's Governing Council today decided to keep its three key interest rates unchanged.
Euro area banks tighten corporate lending, ease housing credit in Q4 2025
Euro area banks reported an unexpected net tightening of credit standards for loans to enterprises in the fourth quarter of 2025.
Euro area banks tighten firm credit standards in Q4 2025
Euro area banks reported an unexpected net tightening of credit standards for loans to firms in the fourth quarter of 2025.