The Governing Council today approved the Transmission Protection Instrument (TPI). The Governing Council assessed that the establishment of the TPI is necessary to support the effective transmission of monetary policy. In particular, as the Governing Council continues normalising monetary policy, the TPI will ensure that the monetary policy stance is transmitted smoothly across all euro […]
Today, in line with the Governing Council’s strong commitment to its price stability mandate, the Governing Council took further key steps to make sure inflation returns to its 2% target over the medium term. The Governing Council decided to raise the three key ECB interest rates by 50 basis points and approved the Transmission Protection […]
The campaign ‘Stop African swine fever’ has been extended for the third consecutive year. It is run in partnership with local authorities in eighteen countries: Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Czechia, Estonia, Greece, Hungary, Kosovo [1], Latvia, Lithuania, Montenegro, North Macedonia, Poland, Romania, Serbia, Slovakia, Slovenia.
All 26 remaining sturgeon and paddlefish species are threatened with extinction according to today’s IUCN Red List update, which confirmed the extinction of the Chinese paddlefish and the extinction in the wild of the Yangtze sturgeon as well as raising the threat level for seven other species across the globe. The new assessment carried out […]
Fully 5,769 people crossed into Hungary directly from Ukraine on Tuesday, while another 4,660 from Ukraine crossed from Romania, the national police headquarters (ORFK) said.
Current account recorded €4 billion deficit in May 2022, in line with the previous month Current account surplus amounted to €138 billion (1.1% of euro area GDP) in 12 months to May 2022, down from €352 billion (3.0%) one year earlier In financial account, euro area residents’ net acquisitions of non-euro area portfolio investment securities totalled €239 billion […]
Fully 5,629 people crossed into Hungary directly from Ukraine on Monday, while another 4,851 from Ukraine crossed from Romania, the national police headquarters (ORFK) said.
Agriculture ministers of the European Union on Monday discussed ramifications of the war in Ukraine, strategic plans within the Common Agricultural Policy, as well as the drought in Hungary, the Hungarian agriculture ministry told MTI in a statement.
Credit standards tightened for firms and households, with uncertainty remaining high and monetary policy becoming less accommodative Firms’ demand for loans continued to increase, driven by working capital needs Banks report deterioration in access to wholesale funding
In the week ending 15 July 2022 the net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) increased by EUR 0.1 billion to EUR 344.2 billion.
