Rohkem kui 500 miljoni elanikuga Euroopa Liit on üks suurimatest turgudest maailmas. Väikestel ja keskmise suurusega ettevõtetel on palju võimalusi pakkuda kaupu ja teenuseid lisaks oma asukohariigile ka ülejäänud 28 EL-i liikmesriigis. Sellegipoolest kardavad paljud ettevõtted (eriti väikeettev...
ELi uue õigusakti alusel, mida hakati kohaldama alates 18. jaanuarist 2017, saab pangakontodel olevaid varasid lihtsamini arestida. Nüüd on kogu ELis võlausaldajate käsutuses standardmenetlus, mille abil nad saavad lasta oma nõude tasumise tagamiseks võlgnike pangakontod arestida, isegi kui kohu...
This annual report provides a quality review of the quarterly euro area and national financial accounts. The report fulfils the formal requirement for the Executive Board of the European Central Bank (ECB) to inform its Governing Council of the quality of these statistics, as set out in Article ...
The Household Finance and Consumption Survey (HFCS) is a joint project of all of the national central banks of the Eurosystem, the central banks of three EU countries that have not yet adopted the euro, and several national statistical institutes. The HFCS provides detailed household-level data ...
The Household Finance and Consumption Survey (HFCS) provides detailed household-level data on various aspects of household balance sheets, income, consumption and related economic and demographic variables. Data have been collected in a harmonised way in all the euro area countries, as well as i...
This paper shows how the Macroeconomic Imbalances Procedure (MIP) could be streamlined and its underlying conceptual framework clarified. Implementation of the country-specific recommendations is low; their internal consistency is sometimes missing; despite past reforms, the MIP remains largely ...
This paper analyses the effects of the implementation of the Macroeconomic Imbalance Procedure (MIP) on the macroeconomic performance of countries in the EU and the euro area. We find that the introduction of the MIP led to a decline in current account imbalances and private sector debt and cred...
This annual report provides a quality review of the quarterly euro area and national financial accounts.1 The report fulfils the formal requirement obliging the ECB Executive Board to inform the Governing Council of the quality of these statistics, as set out in Article 7(2) of Guideline ECB/201...
In the post-COVID environment, the ECB might face many and related trade-offs associated with the risk of being dominated by policy concerns other than price stability. Most of these risks could be reduced by a revision of the euro area governance framework, the creation of a new mechanism to pr...
We examine the risk sensitiveness of minimum requirement for own funds and eligible liabilities (MREL)‐eligible debt yields in a sample of 63 European banking groups during the period 2009Q3–2019Q2 in 14 European countries. We conclude that MREL‐eligible debt is risk sensitive, as investors clos...
