Browsing: ECB

The confiscation of Moscow’s frozen funds could undermine international order, the head of the European Central Bank warns

CBE expressed that these measures are aimed at streamlining the cash withdrawal process for all parties involved

The fifth consecutive pause since October was widely expected and leaves the benchmark deposit rate at a record high of four percent

The ECB kept borrowing costs at record highs at the meeting but started to cautiously lay the groundwork to lower them in June

Doing business in the sanctioned country poses a reputational risk, the European Central Bank has warned

The ECB kept borrowing costs at a record high this month but said it had made good progress in bringing down inflation

The European Central Bank is expected to stand pat Thursday and call for patience in the ongoing battle against inflation, pushing back against market hopes of rapid interest rate cuts.

Some member states and the ECB have raised concerns over confiscating the funds The European Union may unveil a proposal…

Using the funds could jeopardize the euro’s reputation, the bank’s vice president has said The EU should not use frozen…

Last month, the ECB raised its key interest rate to a record high of 4% European Central Bank President Christine…