5 December 2016MONETARY OPERATIONS

Monthly update of ECB’s asset purchases

The ECB bought public and private sector assets worth €85 billion in November under its expanded asset purchase programme. Reports on the asset purchases are published on the first working Monday of every month at 15:45 CET.

6 December 2016SPEECH

Exploring the potential of new technologies

We are committed to investigating the strategic value of new innovations, such as distributed ledger technology, says Executive Board member Yves Mersch. The ECB must ensure that tomorrow’s market infrastructure remains safe and resilient, as well as being efficient and innovative.

08/12/2016
Statement by European Commission and European Central Bank staff following the Fifth Post-Programme Surveillance mission to Portugal
08/12/2016
Eurosystem introduces cash collateral for PSPP securities lending facilities
08/12/2016
ECB adjusts parameters of its asset purchase programme (APP)
08/12/2016
Monetary Policy Decisions
02/12/2016
Statement by Commission and ECB staff following the conclusion of the sixth post-programme surveillance mission to Ireland
02/12/2016
Statistical press release: MFI interest rate statistics
28/11/2016
Statistical press release: Monetary developments in the euro area
21/11/2016
Statistical press release: Euro area investment fund statistics
21/11/2016
Statistical press release: Euro area financial vehicle corporation statistics
18/11/2016
Statistical press release: Euro area monthly balance of payments (September 2016)

All press releases

08/12/2016
Mario Draghi:  Introductory statement to the press conference (with Q&A)
Mario Draghi, President of the ECB, 
Vítor Constâncio, Vice-President of the ECB
Frankfurt am Main, 8 December 2016
06/12/2016
Yves Mersch:  Distributed Ledger Technology: role and relevance of the ECB
Speech by Yves Mersch, Member of the Executive Board of the ECB, 
22nd Handelsblatt Annual Conference Banken-Technologie, 6 December 2016
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30/11/2016
Mario Draghi:  The productivity challenge for Europe
Lectio magistralis by Mario Draghi, President of the ECB, marking the 100th anniversary of the Deusto Business School, 
Madrid, 30 November 2016
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28/11/2016
Mario Draghi:  Hearing of the Committee on Economic and Monetary Affairs of the European Parliament
Introductory statement of Mario Draghi, President of the ECB, at the ECON committee of the European Parliament, Brussels, 28 November 2016
28/11/2016
Benoît Cœuré:  Greece: progress achieved and challenges ahead
Keynote speech by Benoît Cœuré, Member of the Executive Board of the ECB, at the American-Hellenic Chamber of Commerce conference on “Greece and the global disruptive environment: A look into the future”, 
Athens, 28 November 2016
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All speeches

09/12/2016
Benoît Cœuré:  Entretien avec Europe 1
Entretien avec Benoît Cœuré, membre du directoire de la BCE, 
accordé à Jean-Pierre Elkabbach, le 9 décembre 2016
30/11/2016
Mario Draghi:  Interview with El País
Interview with Mario Draghi, President of the ECB, 
conducted by Xavier Vidal-Folch and Claudi Pérez on 23 November and published on 30 November 2016
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26/11/2016
Benoît Cœuré:  Interview with Efimerida ton Syntakton
Interview with Benoît Cœuré, Member of the Executive Board of the ECB, 
conducted by Vasilis Georgas on 26 November 2016
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11/11/2016
Benoît Cœuré:  Interview with Le Progrès de Lyon and EBRA newspaper group
Interview with Benoît Cœuré, Member of the Executive Board of the ECB, 
conducted by Frank Viart of Le Progrès de Lyon and published by EBRA newspaper group (L’Alsace, Les Dernières Nouvelles d’Alsace, Le Républicain Lorrain, L’Est Républicain, Vosges Matin, Le Bien Public, Le Journal de Saône-et-Loire, Le Progrès de Lyon, Le Dauphiné Libéré and Vaucluse Matin) on 11 November 2016
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08/11/2016
Benoît Cœuré:  Low interest rates are not inevitable
Opinion piece by Benoît Cœuré, Member of the Executive Board of the ECB, 
Les Echos, 9 November 2016
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All interviews

09/12/2016
Working paper no. 1987: Determinants of sub-sovereign bond yield spreads: the role of fiscal fundamentals and federal bailout expectations, by Roland Beck, Gianluigi Ferrucci, et al.
09/12/2016
Working paper no. 1986: A global trade model for the euro area, by Antonello D'Agostino, Michele Modugno, et al.
08/12/2016
Eurosystem staff macroeconomic projections for the euro area, December 2016
30/11/2016
European Union Balance of Payments and International Investment Position statistical sources and methods
30/11/2016
Survey on the Access to Finance of Enterprises in the euro area - April to September 2016

All publications

05/12/2016
Opinion on the transfer of public tasks concerning coins to De Nederlandsche Bank  (CON/2016/58)
The Netherlands, 
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30/11/2016
Opinion on the reimbursement of the costs for the operation of the central credit register and the register of bank accounts (CON/2016/57)
Bulgaria, 
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30/11/2016
Decision of the ECB of 30 November 2016 on the approval of the volume of coin issuance in 2017 (ECB/2016/43)
18/11/2016
Opinion on reserve ratios (CON/2016/56)
Hungary, 
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17/11/2016
Opinion on the conferral of powers on the Central Bank of Ireland to assess competition in the market for mortgage loans and to issue lenders with directions on variable interest rates (CON/2016/54)
Ireland, 

All legal acts

9 December 2016EVENT

Twitter Q&A on monetary policy

Join Executive Board member Benoît Cœuré for a Twitter Q&A on monetary policy. Tweet him your questions using #AskECB.

When: Monday 12 December, 14:00 CET

EXPLAINER

Infographic: How quantitative easing works

The ECB’s asset purchase programmes support economic growth and help us meet our inflation objective. Find out how the programmes work, what the role of commercial banks is and how these measures influence businesses and consumers.

Interest rates

Marginal lending facility 0.25 %
Main refinancing operations (fixed rate) 0.00 %
Deposit facility − 0.40 %
Effective from 16 March 2016

Inflation rates

Full inflation chart
Inflation dashboard

Reference rates

USD US dollar 1.0559
JPY Japanese yen 121.48
GBP Pound sterling 0.83935
CHF Swiss franc 1.0756
Last update: Friday, 09 December 2016 Euro foreign exchange rates

Multimedia

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  • Statistics for Economic and Monetary Union. Enhancements and new directions, 2003-12, by Peter Bull - cover image

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