ECB - European Central Bank

Risky collateral and default probability

about 12 hours ago

We use a novel data set containing all corporate loans throughout the...

Climate change, bank liquidity and systemic risk

about 12 hours ago

This paper examines the relevance of banks’ exposure to climate transition risk...

Joint extreme value-at-risk and expected shortfall dynamics with a single integrated tail shape parameter

1 day ago

We propose a robust semi-parametric framework for persistent time-varying extreme tail behavior...

Collateral management in Eurosystem credit operations, January 2026

7 days ago

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

19 days ago

The economics of natural capital

20 days ago

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

Eurosystem staff macroeconomic projections for the euro area, December 2025

20 days ago

T2S auto-collateralisation: benefits, conditions and functioning

27 days ago

Simplification of the European prudential regulatory, supervisory and reporting framework

28 days ago

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

29 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

30 days ago

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

Euro area monetary and financial statistics - Quality report 2024

30 days ago