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ECB publishes supervisory banking statistics on less significant institutions

First release of aggregated supervisory statistics on less significant institutions, complementing and mirroring existing statistics on significant institutions New statistics cover key indicators on capital, profitability, liquidity and asset quality Time series of data to start from second quarter of 2020, with quarterly updates

Euro area bank interest rate statistics: March 2023

Composite cost-of-borrowing indicator for new loans to corporations increased by 37 basis points to 4.22%; indicator for new loans to households for house purchase increased by 13 basis points to 3.37%; both driven by interest rate effect Composite interest rate for new deposits with agreed maturity from corporations increased by 26 basis points to 2.57%; interest rate for overnight deposits from corporations increased by […]

Russia’s actions amount to ecocide, prompting calls for criminalisation under EU law

While the war in Ukraine is dragging on, concerns are mounting about the transboundary environmental damage it has caused. The European Economic and Social Committee (EESC) adopted an own-initiative opinion at its April plenary on the right to a healthy environment in the European Union especially in the context of the war in Ukraine calling for criminalisation of […]

Monetary developments in the euro area: March 2023

Annual growth rate of broad monetary aggregate M3 decreased to 2.5% in March 2023 from 2.9% in February Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, was -4.2% in March, compared with -2.7% in February Annual growth rate of adjusted loans to households decreased to 2.9% in March from 3.2% in February Annual […]

April 2023 euro area bank lending survey

Banks reported a further substantial net tightening in credit standards for loans to firms and for house purchase Demand for loans decreased strongly, driven by rising interest rates, lower fixed investment and weakening housing markets Ongoing reduction in central bank balance sheet linked to TLTRO repayments and end of full APP reinvestments contributing to weakening […]