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Euro area bank interest rate statistics: July 2022

Composite cost-of-borrowing indicator for new loans to corporations decreased by 6 basis points to 1.77%, driven by the interest rate effect, while indicator for new loans to households for house purchase increased by 18 basis points to 2.15%, driven by the interest rate effect Composite interest rate for new deposits with agreed maturity from corporations increased by 20 basis points to […]

Citizens can contribute to Europe’s energy transition

Citizens, institutions and businesses can help deploy renewable energy and reduce fuel imports by becoming prosumers who both produce and consume energy. A European Environment Agency (EEA) report, published today, shows that prosumption already exists in many forms and it is expected to grow with enabling policies and better and cheaper technology.

Euro area insurance corporation statistics: second quarter of 2022

Total assets of euro area insurance corporations amounted to €8,480 billion in second quarter of 2022, €456 billion lower than in first quarter of 2022 Total insurance technical reserves of euro area insurance corporations dropped to €6,166 billion in second quarter of 2022, down €477 billion from first quarter of 2022