On Thursday, as widely expected, the European Central Bank (ECB) reduced its key rates by 25 basis points at the March policy meeting. This move puts the main refinancing operations rate at 2.65% ...
The Italian bank, which built a 28 per cent stake in Commerzbank through a combination of share purchases and derivative transactions last year, said on Friday that the ECB would allow it to ...
Germany's chancellor-in-waiting and leader of the Christian Democratic Union party (CDU) Friedrich Merz raises his hand as he attends an extraordinary session of the outgoing lower house of ...
A recent ECB study reveals that many Europeans stick with cash and conventional bank accounts, exposing a divide between policy plans and real-life payment habits. Most consumers continue using cash ...
Earlier this year, the ECB announced a two-phase digital payments infrastructure initiative, under which it plans to explore “a more integrated, long-term solution” for settlements of central bank ...
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