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ECB Youth Dialogue

What can Europe do for its young people?

Young people should feel the EU works for them, says Executive Board member Benoît Cœuré at the latest ECB Youth Dialogue. The EU can, and should, help empower young Europeans so that they can reap the full benefits of a united Europe.
- Introductory speech
- ECB Youth Dialogue

In focus
Press releases1
Speeches
Interviews
Publications
Legal acts

21 March 2019ECONOMIC BULLETIN

ECB publishes Economic Bulletin
Issue 2, 2019

The Economic Bulletin presents the economic and monetary information which forms the basis for the Governing Council’s policy decisions.

It is released eight times a year, two weeks after each monetary policy meeting.

Economic Bulletin

20 March 2019ECONOMIC BULLETIN

Better data improves inflation analysis

This Economic Bulletin article outlines the latest changes to the Harmonised Index of Consumer Prices (HICP). Enhanced product classification, data from supermarket scanners and web scraping better reflect price developments and allow the ECB to analyse inflation in more detail.

Economic bulletin article

22/03/2019: Transparency requirements of EU Securitisation Regulation to be incorporated into Eurosystem collateral framework
ENGLISH
22/03/2019: Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates)
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22/03/2019: Euro area monthly balance of payments: January 2019
ENGLISH
20/03/2019: ECB withdraws initiative on conferral of powers in relation to central counterparties (CCPs)
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19/03/2019: Consolidated financial statement of the Eurosystem as at 15 March 2019
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БългарскиBG ČeštinaCS DanskDA DeutschDE EλληνικάEL EspañolES Eesti keelET SuomiFI FrançaisFR HrvatskiHR MagyarHU ItalianoIT LietuviųLT LatviešuLV MaltiMT NederlandsNL PolskiPL PortuguêsPT RomânăRO SlovenčinaSK SlovenščinaSL SvenskaSV

Commentary
ENGLISH

All press releases

22/03/2019: Yves Mersch: Remarks at the ‘Challenges in Understanding the Monetary Transmission Mechanism’ conference
Speech by Yves Mersch, Member of the Executive Board of the ECB, Warsaw, 22 March 2019
ENGLISH
18/03/2019: Peter Praet: Market power: a complex reality
Speech by Peter Praet, Member of the Executive Board of the ECB, at the EIB/Compnet conference, Kirchberg, Luxembourg, 18 March 2019
ENGLISH
18/03/2019: Luis de Guindos: The euro area economy and our monetary policy stance
Remarks by Luis de Guindos, Vice-President of the ECB, at Asociación para el Progreso de la Dirección (APD), Madrid, 18 March 2019
ENGLISH
13/03/2019: Benoît Cœuré: Generation €uro – What Europe can do for you
Speech by Benoît Cœuré, Member of the Executive Board of the ECB, at the ECB Youth Dialogue Event, Bocconi University, 13 March 2019
ENGLISH

Slides
ENGLISH
12/03/2019: Sabine Lautenschläger: The evolution of banking regulation
Panel remarks by Sabine Lautenschläger, Member of the Executive Board of the ECB, at the Financial Stability Institute 20th anniversary conference, Basel, 12 March 2019
ENGLISH

All speeches

12/03/2019: Peter Praet: Q&A on Twitter
Interview on Twitter with Peter Praet, Member of the Executive Board of the ECB, conducted and published on 12 March 2019
ENGLISH
11/03/2019: Benoît Cœuré: Interview with Corriere della Sera
Interview of Benoît Cœuré, Member of the Executive Board of the ECB, conducted by Danilo Taino on 7 March 2019 and published on 11 March 2019
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ItalianoIT
19/02/2019: Luis de Guindos: Interview with Le Monde
Interview with Luis de Guindos, Vice-President of the ECB, conducted by Marie Charrel on 13 February 2019
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FrançaisFR
18/02/2019: Peter Praet: Interview with Börsen-Zeitung
Interview with Peter Praet, Member of the Executive Board of the ECB, conducted by Detlef Fechtner and Mark Schrörs on 11 February 2019 and published on 18 February 2019
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DeutschDE
07/02/2019: Benoît Cœuré: Interview with Barron’s
Interview with Benoît Cœuré, Member of the Executive Board of the ECB, conducted by Pierre Briançon on 5 February 2019 and published on 7 February 2019
ENGLISH

All interviews

21/03/2019: Working paper no. 2251: Labor share and growth in the long run
ENGLISH
21/03/2019: Economic Bulletin Issue 2, 2019
ENGLISH
ENGLISH
21/03/2019: Liquidity conditions and monetary policy operations in the period from 31 October 2018 to 29 January 2019
ENGLISH
Economic Bulletin Issue 2, 2019
21/03/2019: Characterising the current expansion across non-euro area advanced economies: where do we go from here?
ENGLISH
Economic Bulletin Issue 2, 2019
21/03/2019: The European Commission’s 2019 assessment of macroeconomic imbalances and progress on reforms
ENGLISH
Economic Bulletin Issue 2, 2019
21/03/2019: Interest rate-growth differential and government debt dynamics
ENGLISH
Economic Bulletin Issue 2, 2019
21/03/2019: A new method for the package holiday price index in Germany and its impact on HICP inflation rates
ENGLISH
Economic Bulletin Issue 2, 2019
20/03/2019: Working paper no. 2250: Forecasting daily electricity prices with monthly macroeconomic variables
ENGLISH
19/03/2019: Occasional paper no. 220: The impact of lending standards on default rates of residential real estate loans
ENGLISH
19/03/2019: New features in the Harmonised Index of Consumer Prices: analytical groups, scanner data and web-scraping
ENGLISH
Economic Bulletin Issue 2, 2019

All publications

12/03/2019: Opinion on a Council recommendation on the appointment of a member of the Executive Board of the ECB (CON/2019/11)
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28/02/2019: Opinion on the establishment of a macroprudential board (CON/2019/10)
Spain,
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EspañolES
27/02/2019: Opinion on a draft law for the protection of primary residences (CON/2019/09)
Greece,
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EλληνικάEL
18/02/2019: Opinion on court orders for possession of principal private residences (CON/2019/08)
Ireland,
ENGLISH
15/02/2019: Opinion on the licensing and supervision of providers of microcredit (CON/2019/07)
Greece,
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EλληνικάEL

All legal acts

14 March 2019PRESS RELEASE

ECB to publish first euro short-term rate on 2 October

The ECB is ready to further support the private sector in the transition from EONIA to the euro short-term rate (€STR) and will calculate a one-off spread between the two using a formula recommended by the industry-led working group on euro risk-free rates, based on public data.

Press release

#EUROAT20

How you benefit from the euro

The euro is nearly 20 years old and has become a part of everyday life for the 340 million people living in the euro area. How do you benefit from a safe and stable currency?

Read our explainer
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Visit #EUROat20 hub
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БългарскиBG ČeštinaCS DanskDA DeutschDE EλληνικάEL EspañolES Eesti keelET SuomiFI FrançaisFR HrvatskiHR MagyarHU ItalianoIT LietuviųLT LatviešuLV MaltiMT NederlandsNL PolskiPL PortuguêsPT RomânăRO SlovenčinaSK SlovenščinaSL SvenskaSV

Interest rates

Marginal lending facility	0.25 %
Main refinancing operations (fixed rate)	0.00 %
Deposit facility	− 0.40 %

Effective from 16 March 2016

Past key ECB interest rates

Inflation rates

Full inflation chart
Inflation dashboard

Reference rates

USD	US dollar	1.1302
JPY	Japanese yen	124.60
GBP	Pound sterling	0.85890
CHF	Swiss franc	1.1243

Last update: Friday, 22 March 2019 Euro foreign exchange rates

Financial stability

Market operations

Multimedia

Travelogue: ECB Executive Board member Benoît Cœuré visiting Vorwerk factory in Cloyes-sur-le-Loir
Unveiling of the New 100 and 200 Euro Banknotes
20 years of ESCB statistics: What's next?
20th anniversary – Staff testimonials / First Day at the ECB
ECB Forum on Central Banking 2018
How are Executive Board members chosen?
Interview with Vítor Constâncio. ECB Vice-President (2011 – 2018)
Financial Stability Review - May 2018
Vítor Constâncio interview on the Financial Stability Review - May 2018
How does the euro help Europeans do business?
What is ethical hacking?
Generation €uro Students' Award 2018
Communications challenges for policy effectiveness, accountability and reputation
Meeting the #EuroVideoChallenge finalists at the award ceremony
What is TARGET Instant Payment Settlement (TIPS)?
#ECBYouthDialogue - Dublin, Ireland
Highlights ECB Forum on Central Banking 2017
#ECBYouthDialogue - Lisbon 2017
Interview Vítor Constâncio on Financial Stability Review
EU Open Days - May 2017
Generation €uro Students' Award 2017
The new €50 banknote is now in circulation
How quantitative easing works
15 years of the euro
Inside the Asset Purchase Programme
ECB and the Eurosystem explained in 3 min.

ECB Press Conference - 25 October 2018
European Cultural Days - 25 September 2018
Visit of German Federal President Steinmeier to the ECB - 26 Sep 2018
ECB Press Conference - 13 September 2018
New €100 & €200 - Security features
Estonian Art Vernissage - 27 June 2018
ECB Forum on Central Banking - 18/20 June 2018
ECB Press Conference - 14 June 2018
EU Open Day - 5 May 2018
Joint Conference of the European Central Bank and the European Commission - 3 May 2018
ECB Press Conference - 26 April 2018
Generation €uro Students’ Award - 10 -11 April 2018
Luminale: Cross Hatch - 18 March 2018
ECB Press Conference - 8 March 2018
Central Bank Communications Conference - 14-15 November 2017
2017 #EuroVideoChallenge Award Ceremony in Lyon - 9 November 2017
European Cultural Days - 26 October 2017
ECB Press Conference - 26 October 2017
Inauguration ECB Visitor Centre – 4 October 2017
Sendung mit der Maus - 3 October 2017
#ECBYouthDialogue, Dublin - 22 September 2017
Opening of the Cyprus Contemporary Art Exhibition - 20 September 2017
ECB Press Conference - 7 September 2017
ECB Press Conference - 20 July 2017
#ECBYouthDialogue - 26 June 2017, Lisbon, Portugal
ECB Forum on Central Banking - Sintra, Portugal, 26-28 June 2017
ECB Press Conference - 8 June 2017, Tallinn
EU Open Day in Brussels - 6 May 2017
ECB Open Day for women in technical fields - 04 May 2017
ECB Press Conference - 27 April 2017
The new €50 banknote - 4 April 2017
Generation Euro Students' Award - 4/5 April 2017
Europe's digital integrated market - 31 January 2017
25 November 2016 UN Orange Day
17 October 2016 Cultural Days Opening Concert
3 October 2016 Türen Auf!
Unveiling of the new €50 banknote
Young Economists at ECB Forum on Central Banking
ECB Main Building
Luminale 2016 - ECB's illuminated buildings

The international role of the euro, June 2018
Financial integration in Europe, May 2018
Price and wage-setting in advanced economies
ESCB Legal Conference 2018
Legal framework of the Eurosystem and the European System of Central Banks. ECB legal acts and instruments
Statistics for Economic and Monetary Union. Enhancements and new directions, 2003-12, by Peter Bull
The monetary policy of the ECB
The payment system – payments, securities and derivatives, and the role of the Eurosystem in this field