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A medicinal product not subject to medical prescription in one Member State may not be placed on the market in another Member State

A medicinal product not subject to medical prescription in one Member State may not be placed on the market in another Member State unless that Member State, too, has granted its marketing authorisation.

ECB presents action plan to include climate change considerations in its monetary policy strategy

The ECB’s Governing Council is strongly committed: to further incorporating climate change considerations into its monetary policy framework; to expanding its analytical capacity in macroeconomic modelling, statistics and monetary policy with regard to climate change; to including climate change considerations in monetary policy operations in the areas of disclosure, risk assessment, collateral framework and corporate […]

ECB publishes supervisory banking statistics for the first quarter of 2021

Aggregate total capital ratio of significant institutions stood at 19.34% in first quarter of 2021, down from 19.55% in previous quarter Aggregate non-performing loans ratio fell further to 2.54% (down from 2.63% in previous quarter), despite slight increase in stock of non-performing loans to €455 billion (up from €444 billion in previous quarter) Profitability of […]

ECB’s Governing Council approves its new monetary policy strategy

New strategy adopts symmetric 2% inflation target over medium term Governing Council confirms that HICP remains appropriate price measure and recommends inclusion of owner-occupied housing over time New monetary policy strategy is result of thorough review launched in January 2020 Governing Council approves ambitious climate change action plan

Párbeszéd, Three Polish Peers Ask for EC Scrutiny of Hungary, Poland Rule of Law Situation

Hungary’s opposition Párbeszéd and three peers in Poland have sent a joint letter to Ursula von der Leyen, the president of the European Commission, asking her to initiate an EC scrutiny of the rule of law situation in Hungary and Poland and manage any allocation of future EU funding accordingly, the party said on Tuesday.