Gennemse publikationer efter emne

** Disse bemærkninger vedrører ECB's aktiviteter i 2019. Teksten blev udarbejdet inden den globale coronapandemi (covid-19). De økonomiske forhold og ECB's pengepolitiske tiltag har udviklet sig betydeligt siden da. ECB vil – inden for sit mandat – gøre alt det, der kræves for at hjælpe euroområ...

I denne beretning vurderes gennemførelsen af den EU-dækkende stresstest, der blev foretaget under det mandat, som Den Europæiske Banktilsynsmyndighed (EBA) har fået. Det makroøkonomiske stressscenario opererede med en forværring af de økonomiske forhold sammenlignet med basisscenariet, men chokk...

This report presents the findings of the fifteenth post-programme surveillance (PPS) mission ofCommission staff to Portugal, in liaison with ECB staff. The mission took place in the form of onlinevideo meetings from 21 to 28 March 2022. Since the conclusion of the previous PPS mission in Septemb...

The 16th post-programme surveillance mission to Ireland took place online. The mission involved European Commission staff in liaison with European Central Bank staff. European Stability Mechanism (ESM) staff participated on aspects relating to the ESM’s Early Warning System. The meetings tookpla...

The severity of the COVID-19 pandemic and its far-reaching multi-dimensional repercussions placed an unprecedented pressure on the socio-economic fabric of the EU and its member states. With the overarching aim to assist EU member states with the recovery from the pandemic, the European Commissi...

The trade disruptions and inflation caused by the Ukraine war is weighing on firms and households and threatening to derail Europe’s recovery. Price rises could also push more people into poverty. Before the war, the European economy was experiencing a heady recovery. The one-two punch of higher...

This paper studies the dynamics of contagion across the banking, insurance and shadow banking sectors of 16 advanced economies in the period 2006-2018. We construct Granger causality-in-risk networks and introduce higher-order aggregate networks and temporal node centralities in an economic sett...

The analysis of the conditions under which, and extent to which climate-adjusted financial risk assessment affects firms’ investment decisions in the low-carbon transition, and the realisation of the climate mitigation trajectories, still represent a knowledge gap. Filling this gap is crucial to...

This report examines the potential macroeconomic and welfare impact of the Africa Energy Guarantee Facility (AEGF), including improved viability of energy projects and enhanced electricity access. The report also reviews three case studies of guarantee use for energy projects in the region, and ...

Risks stemming from climate change and broader environmental issues are changing the risk picture for the financial sector and will become even more prominent going forward. This raises the question as to whether the prudential framework can sufficiently account for these new risk drivers. This ...