ECB - European Central Bank

Letter from the ECB President to Mr Fabio de Masi, MEP, on institutional matters

7 days ago

The economics of natural capital

7 days ago

We develop a framework underscoring the importance of incorporating natural capital into...

Eurosystem staff macroeconomic projections for the euro area, December 2025

8 days ago

T2S auto-collateralisation: benefits, conditions and functioning

14 days ago

Simplification of the European prudential regulatory, supervisory and reporting framework

15 days ago

Financial integration and the transmission of monetary policy in the euro area

16 days ago

We study how financial integration shapes the transmission of monetary policy to...

The climate-biodiversity-pollution nexus: the pricing of environmental credit risks for European

17 days ago

This study examines how euro area banks factor pollution-induced biodiversity risks into...

Euro area monetary and financial statistics - Quality report 2024

17 days ago

Misestimating house values: consequences for household finance

18 days ago

This study examines the effect of systematic household misestimation of home prices...

Asset prices, wealth inequality, and welfare: safe assets as a solution

18 days ago

Can rising asset prices reduce wealth inequality? This paper builds a continuous-time...

Letter from the ECB President to Mr Fabio de Masi, MEP, on the economic outlook and monetary policy

21 days ago

Banks’ regulatory risk tolerance

22 days ago

We employ 68 quarters of data – including from non-public supervisory sources...