This briefing report evaluates the ECB's monetary policy in a context of declining inflation and stagnant growth. Inflation risks have been averted and, after a period of relatively tight policy in 2024, benchmark comparisons indicate that the current interest rate is consistent with the ECB's...

This briefing report evaluates the ECB's monetary policy in a context of declining inflation and stagnant growth. Inflation risks have been averted and, after a period of relatively tight policy in 2024, benchmark comparisons indicate that the current interest rate is consistent with the ECB's...

The Eurosystem, the central banking framework of the euro area, comprises the ECB and the national central banks (NCBs) of the member countries. Its primary mandate is to ensure price stability. In addition, through the Single Supervisory Mechanism, the ECB is responsible for the prudential...

The Eurosystem, the central banking framework of the euro area, comprises the ECB and the national central banks (NCBs) of the member countries. Its primary mandate is to ensure price stability. In addition, through the Single Supervisory Mechanism, the ECB is responsible for the prudential...

The European Central Bank (ECB) acknowledges that the use of cloud services offers various benefits to supervised entities. Compared to internal information and communication technology (ICT) infrastructure, cloud services are cost efficient, scalable, secure due to providers using cutting-edge...

1. Articles 143, 283 and 325 of Regulation (EU) No 575/2013 (CRR), as amended by Regulation (EU) 2019/876 (CRR2) and Regulation (EU) 2024/1623 (CRR3), require the European Central Bank (ECB) to grant permission to use internal models for credit risk, counterparty credit risk and market risk...

This paper analyzes the transmission of ECB policy rate changes to bank interest rates in Kosovo during the 2022-23 tightening cycle. While both lending and deposit rates increased, the passthrough was more limited compared to the euro area and regional peers. Three key factors explain this...