European Central Bank
EU State aid surges to 1% of GDP, shifts to strategic sectors
State aid expenditure in the European Union has risen sharply in recent years, reaching 1 percent of GDP in 2024.
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Monetary policy tightening effects stronger than easing
A new ECB study reveals that monetary policy tightening has stronger effects than easing.
ECB raises rates by 25bp, cites Middle East war
The European Central Bank raised its three key interest rates by 25 basis points at its June meeting.
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AI reallocates US jobs, high-risk occupations decline
An ECB analysis finds that artificial intelligence has led to a reallocation of jobs in the US labor market, with employment declining in occupations highly exposed to AI substitution.
Elderson: Simplify, don't deregulate; warns of AI cyber risks
Frank Elderson, Member of the Executive Board of the ECB, discussed regulatory simplification, banking sector competitiveness, and operational resilience.
Cipollone: Euro essential for monetary sovereignty in digital era
Piero Cipollone, Member of the Executive Board of the ECB, emphasized the euro's critical role in safeguarding monetary sovereignty amid digital and geopolitical shifts.
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EU bank assets rise, NPLs stable at end-2025
The European Central Bank has published consolidated banking data for the EU banking system as at end-December 2025.
Cipollone: Digital euro strengthens European autonomy
ECB Executive Board member Piero Cipollone highlighted the strategic importance of the digital euro for Europe's payment landscape.
EU regions face 7.6 percent agriculture growth hit from heat
A new ECB working paper estimates that extreme heat waves and droughts could reduce annual agricultural growth by up to 7.6 percentage points in EU regions.
Euro area wage growth stable at 2.6 percent for 2026
The European Central Bank's wage tracker indicates stable negotiated wage growth of around 2.6 percent by end-2026.
Lane: Euro area inflation to reach 3.0 percent in 2026
Philip R. Lane, Member of the Executive Board of the European Central Bank, presented the Eurosystem staff macroeconomic projections for the euro area economy.
AI investment is driven stronger domestically
A new ECB working paper finds that innovation diffusion and strategic complementarities in AI investment are significantly stronger domestically than internationally.