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Euro area quarterly balance of payments and international investment position: third quarter of 2021

Current account surplus at €333 billion (2.8% of euro area GDP) in four quarters to third quarter of 2021, up from €180 billion (1.6% of GDP) a year earlier Geographic counterparts: largest bilateral current account surpluses vis-à-vis United Kingdom (€175 billion) and Switzerland (€76 billion), largest deficit vis-à-vis China (€69 billion) International investment position showed net liabilities of €271 billion (2.3% of euro […]

Euro money market statistics: Seventh maintenance period 2021

Daily average borrowing turnover in the unsecured segment remained stable at €120 billion in the seventh maintenance period of 2021 Weighted average overnight rate on borrowing transactions in the unsecured segment remained stable at -0.56% for the wholesale sector and at -0.57% for the interbank sector Daily average borrowing turnover in the secured segment decreased from €409 billion […]

EMA receives application for conditional marketing authorisation for Paxlovid (PF-07321332 and ritonavir) for treating patients with COVID-19

EMA has started evaluating an application for a conditional marketing authorisation for the oral antiviral medicine Paxlovid (PF-07321332 and ritonavir). The applicant is Pfizer Europe MA EEIG.

Szijjártó: Impairment of Hungarian Communities’ Rights in Ukraine ‘Unacceptable’

It is “unacceptable” that the government in Kiev is exploiting challenges in eastern Ukraine as an excuse for continually impairing the rights of national minorities, including ethnic Hungarians in Transcarpathia, Foreign Minister Péter Szijjártó said at an extraordinary meeting of NATO foreign ministers.

Euro area bank interest rate statistics: November 2021

Composite cost-of-borrowing indicator for new loans to corporations decreased by 4 basis points to 1.39%, driven by the interest rate effect, with indicator for new loans to households for house purchase broadly unchanged at 1.32% Composite interest rate for new deposits with agreed maturity from corporations broadly unchanged at -0.33%, with interest rate for overnight deposits from corporations unchanged at -0.03% Composite interest rate […]