András Heisler, president of Hungary’s Jewish federation Mazsihisz, has sent a letter to Prime Minister Viktor Orbán thanking him for the government’s backing of Hungary’s organisation of the 15th European Maccabi Games, the PM’s press chief said.
In the week ending 16 August 2019 gold and gold receivables (asset item 1) increased by EUR 1 million owing to the purchase of gold coin by one Eurosystem central bank.
Daily average borrowing turnover in the unsecured segment decreased from €126 billion in the third maintenance period of 2019 to €119 billion in the fourth maintenance period Weighted average overnight rate on borrowing transactions in the unsecured segment remained unchanged at -0.42% for the wholesale sector and -0.45% for the interbank sector Daily average borrowing turnover in […]
Transition from EONIA to €STR has impact on broad variety of financial products and processes Market participants urged to actively prepare for change in publication time of EONIA effective as of 2 October 2019 CCPs encouraged to switch their discounting regime from EONIA to €STR towards end of second quarter of 2020 The private sector […]
In June 2019 the current account of the euro area recorded a surplus of €18 billion, compared with a surplus of €30 billion in May 2019. In the 12-month period to June 2019, the current account recorded a surplus of €318 billion (2.7% of euro area GDP), down from €391 billion (3.4% of euro area GDP) in the 12 months to […]
In the second quarter of 2019 the outstanding amount of debt securities issued by euro area financial vehicle corporations (FVCs) engaged in securitisation increased to €1,486 billion, from €1,455 billion at the end of the previous quarter. Net issuance of debt securities by FVCs during the second quarter of 2019 amounted to €33 billion. Euro area FVCs’ holdings […]
In the second quarter of 2019 the outstanding amount of shares/units issued by investment funds other than money market funds stood at €12,067 billion, which was €266 billion higher than in the first quarter of 2019. The outstanding amount of shares/units issued by exchange-traded funds (ETFs) stood at €734 billion, which was €21 billion higher than in the first […]
Following the European Central Bank’s assessment of AS PNB Banka as failing or likely to fail, the Single Resolution Board has today decided that resolution action is not necessary. The Latvian bank will be wound up under national law.
Assessment followed identification of significant capital shortfalls Single Resolution Board (SRB) found resolution action not in public interest The European Central Bank (ECB) has assessed that AS PNB Banka in Latvia was failing or likely to fail in accordance with the Single Resolution Mechanism Regulation. The need for additional impairments of its assets led to […]
ECB’s BIRD website hacked by unauthorised parties Email addresses and other contact data may have been captured No internal systems or market-sensitive data compromised BIRD website shut down until further notice The European Central Bank (ECB) said on Thursday that unauthorised parties had breached the security measures protecting its Banks’ Integrated Reporting Dictionary (BIRD) website, […]