The ECB’s Directorate General Market Operations ensures that monetary policy decisions are implemented and properly reflected in financial markets. To this end, we carry out the Eurosystem’s monetary policy and foreign exchange operations. We also act as the ECB’s eyes and ears in the financial markets, monitoring market developments through market intelligence and comprehensive analysis. […]
SAFE instrument: Council clears the way for financial assistance to eight Member States and the conclusion of the agreement with Canada
The Council adopted a series of implementing decisions making financial assistance available to eight EU Member States under the SAFE instrument: Belgium, Bulgaria, Cyprus, Denmark, Spain, Croatia, Portugal and Romania. A second batch of Council Implementing Decisions on financial assistance for Estonia, Greece, Italy, Latvia, Lithuania, Poland, Slovakia and Finland has been authorised by the […]
European Central Bank lowers interest rates by 25 basis points
The Governing Council today decided to lower the three key ECB interest rates by 25 basis points. Based on an updated assessment of the inflation outlook, the dynamics of underlying inflation and the strength of monetary policy transmission, it is now appropriate to moderate the degree of monetary policy restriction after nine months of holding […]
July infringements package: key decisions
Migration, Home Affairs and Security Union Letters of formal notice Fight against terrorism: Commission urges CYPRUS, CZECHIA, GREECE, SPAIN and LITHUANIA to ensure correct transposition of EU rules on combating terrorism The Commission decided today to open infringement procedures by sending letters of formal notice to Cyprus, Czechia, Greece, Spain and Lithuania for failing to correctly transpose certain elements […]