European Central Bank
ECB
Paper
Euro area equity market integration lags US ties
A new ECB Economic Bulletin article applies a structural gravity model to assess cross-border equity holdings in the euro area.
Focus
ECB
Paper
Euro area GDP growth dispersion declines, demographics key
Dispersion in real GDP growth across euro area countries has recently declined to a historically low level.
ECB
Paper
Tariffs boost overall FDI, deter manufacturing investment
A new European Central Bank article reveals that while tariffs generally increase greenfield foreign direct investment, they can deter manufacturing FDI.
Latest
ECB
Paper
War intensifies inflation, growth risks; ECB holds rates
The ECB Governing Council kept its three key interest rates unchanged at its April 30, 2026 meeting.
ECB
Speech
Lagarde urges courage for enduring European institutions
ECB President Christine Lagarde, speaking at the Charlemagne Prize ceremony, urged European leaders to show courage in building enduring institutions.
ECB
Speech
Lane: Global energy shocks hit euro area growth, inflation
Philip R. Lane, Member of the Executive Board of the ECB, outlined analysis on energy supply shocks and their implications for monetary policy.
More Topics
ECB
Decoder
Later retirement drives euro area employment growth
Older workers are significantly contributing to employment growth in the euro area.
ECB
Paper
Older workers, migrants drive euro area labor force expansion
The euro area labour force has expanded significantly in recent years, driven by rising participation rates, demographic shifts, and sustained net migration.
ECB
Paper
Biodiversity risk raises bank loan spreads, ECB study finds
A new European Central Bank (ECB) working paper finds that banks incorporate firm-level biodiversity risk into their lending decisions, leading to significantly higher loan spreads for borrowers with greater exposure.
ECB
Paper
ECB: Judgement shapes bank capital, smooths SREP scores
A new European Central Bank working paper finds that supervisory judgement significantly influences banks' overall SREP scores and Pillar 2 capital requirements.
ECB
Paper
Supply chain uncertainty amplifies energy inflation, challenges policy
A new ECB working paper finds that energy price pass-through to inflation is significantly stronger when supply chain uncertainty is elevated.
ECB
Paper
Wildfire cashflow shocks hit firms, trigger distinct financial responses
A new ECB working paper studies the impact of Portugal's 2017 wildfires on hotel cashflows and financial decisions.