Euro area net saving decreased to €626 billion in 2022, compared with €668 billion in the four quarter period ending on the third quarter of 2022 Household debt-to-income ratio declined to 93.1% in fourth quarter of 2022 from 95.8% one year earlier Non-financial corporations’ debt-to-GDP ratio (consolidated measure) decreased to 74.7% in fourth quarter of 2022 from 79.0% one year earlier
ECB and other major central banks to revert the frequency of 7-day US dollar operations from daily to once per week New frequency effective as of 1 May 2023 ECB and other major central banks stand ready to re-adjust provision of US dollar liquidity as warranted by market conditions
In the week ending 21 April 2023 the net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) decreased by EUR 1.3 billion to EUR 317.5 billion.
Digital euro potentially available initially to euro area residents, merchants and governments Digital euro could be made available via existing banking apps and Eurosystem app Offline and person-to-person payments across euro area seen as highly valued
More needs to be done to protect the health of children and adolescents from the negative impacts of air pollution, according to European Environment Agency (EEA) air quality assessments published today. Air pollution causes over 1,200 premature deaths per year in people under the age of 18 in Europe and significantly increases the risk of […]
Only one-quarter of EU climate-related catastrophe losses currently insured; gap expected to widen as impact of climate change grows Insurance gap poses risks to economy and financial stability ECB and EIOPA outline policy options to promote climate catastrophe insurance
This year, European Immunization Week, marked between 23 and 29 April, reminds us about the importance of timely routine vaccination and why we need to catch up on any missed or postponed vaccines and booster doses.
Europe’s shift to a sustainable food system will involve huge changes in the way we produce and consume food. Achieving this depends on ambitious and coherent EU policies to promote and guide innovation and behavioural change, phase out harmful practices and ensure a just transition, according to a European Environment Agency (EEA) report published today.
Dietary exposure to bisphenol A (BPA) is a health concern for consumers across all age groups, EFSA’s scientific experts have concluded in a new re-evaluation.
Current account recorded €24 billion surplus in February 2023, up from €19 billion in previous month Current account deficit amounted to €114 billion (0.9% of euro area GDP) in 12 months to February 2023, compared with a surplus of €222 billion (1.8%) one year earlier In financial account, euro area residents’ net sales of non-euro area portfolio investment securities totalled €202 billion and […]
