Europe has to “push” the green transition forward if it wants to remain competitive on the global stage, the European Central Bank (ECB) has warned. The assertion was made in the first in a series of articles from Fatih Birol, executive director of the International Energy Agency, Werner Hoyer, president of the European Investment Bank,…
The European Central Bank (ECB) has decided to hold interest rates at 4%, ending a run of 10 consecutive rate hikes, writes Hannah Williford. The decision comes in the wake of struggling labour markets in Europe, along with mediocre results for household and corporate lending data. The ECB hinted when it last convened in September that…
Would a rate hike pause from the ECB be enough to improve the performance of European stockmarkets? Cherry Reynard has a closer look The European Central Bank appears odds-on to leave interest rates on hold at its October meeting, in spite of rising energy prices. Weakening labour markets, more difficult PMI data and lacklustre household…
Eurozone interest rates could remain at restrictive levels for “quite some time” – by Lauren Hardy The European Central Bank’s decision to hike rates for the 10th consecutive time today (14 September) could tip the EU “further into recessionary territory”, according to some investment professionals, who warn the bloc’s financial squeeze could intensify in Q4 2023…
Europe needs a better and more complete capital market set-up, according to the European Central Bank (ECB). In its analysis ‘Europe needs to think bigger to build its capital markets union’, the bank says the key is the creation of an “integrated European capital market”. Fabio Panetta, a member of the ECB’s executive board, argues…
Investors focused on what course the ECB will take after its September meeting
The European Central Bank (ECB) has raised its three key interest rates by 25 basis points each as it works to bring inflation under control. Announcing the move, which follows rises of the same amount in March, May and June this year, the ECB said: “While some measures show signs of easing, underlying inflation remains…
The ECB’s decision to raise its base rate to 3.25% has led to one financial giant warning it was “sufficient” to cause a recession. According to Anna Stupnytska, global macro economist at Fidelity International, the European economy is set to follow a similar path to that of the US after the Federal Reserve raised rates…
Analysis from the European Central Bank (ECB) has highlighted the importance of real estate investment funds (REIFs) in commercial real estate (CRE) markets across the continent. The piece, published here, said REIFs provided “a valuable channel of financing and investment in euro area CRE markets, reducing reliance on bank financing and thus diversifying the investor…
Europe has an ‘unprecedented opportunity’ to move away from imported fossil fuels and become a ‘long-term leader in clean energy’, according to a report from law firm Dentons. The 72-page report, Investing in Renewable Energy Projects in Europe, states that global investment in renewable energy has soared in recent years, reaching $495bn (€467) in 2022…
And signals a similar rise in March
As industry commentators are split on how aggressive the central bank will be from here on in
