European Central Bank
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.
Focus
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.
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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.
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Euro area firms face tighter bank lending, rising rates in Q4 2025
Euro area firms reported a further tightening of bank lending conditions and higher interest rates on bank loans in the fourth quarter of 2025.
Euro area firms report tighter credit, stable inflation expectations
Euro area firms reported a net tightening in bank loan interest rates and other financing conditions during the fourth quarter of 2025.
ECB Consumer Survey shows mixed expectations for inflation, growth
The European Central Bank's Consumer Expectations Survey for December 2025 reveals mixed consumer outlooks, with inflation expectations for three and five years ahead increasing, while income growth expectations decreased.
ECB paper identifies demand and supply as key drivers of euro area business expectations
A new European Central Bank working paper introduces a framework to analyze the drivers of business expectations in the euro area.
ECB research shows digital ties drive deposit rate spillovers
A new European Central Bank working paper finds that digital social ties transmit deposit rate shocks across banking markets.
ECB's Schnabel urges action to boost Europe's growth potential
Isabel Schnabel, Member of the Executive Board of the European Central Bank, delivered a speech on January 28, 2026, outlining strategies to foster economic growth in Europe.