Adam

ECB kick-starts Eurosystem listening events for strategy review

Euro area citizens are invited to submit ideas and comments online “ECB Listens” event for civil society to take place in Brussels on 26 March Further Eurosystem listening events to follow, organised by national central banks The European Central Bank (ECB) and the 19 euro area national central banks, which together form the Eurosystem, are […]

Where journeys with a confirmed single booking comprise of several connecting flights operated by separate air carriers, compensation for the cancellation of the final leg of the journey may be sought before the courts of the place of departure of the first leg

Two passengers booked a journey with connecting flights under a confirmed single booking. The journey was divided into three legs: the first leg of the journey, from Hamburg (Germany) to London (UK), was operated by the British airline British Airways; the other two legs of the journey, from London to Madrid (Spain) and from Madrid […]

Euro area investment fund statistics: fourth quarter of 2019

In the fourth quarter of 2019 the outstanding amount of shares/units issued by investment funds other than money market funds was €12,939 billion, €398 billion higher than in the third quarter of 2019. • The outstanding amount of shares/units issued by exchange-traded funds (ETFs) was €852 billion, which was €73 billion higher than in the […]

Euro area financial vehicle corporation statistics: fourth quarter of 2019

Euro area financial vehicle corporation statistics: fourth quarter of 2019 • In the fourth quarter of 2019 the outstanding amount of debt securities issued by euro area financial vehicle corporations (FVCs) engaged in securitisation increased to €1,551 billion, from €1,510 billion at the end of the previous quarter. • Net issuance of debt securities by […]

Working group on euro risk-free rates issues recommendations to support smooth transfer of EONIA’s liquidity to €STR

Working group issues recommendations for a seamless transition from EONIA to €STR products All stakeholders should be made aware that EONIA-linked contracts with maturities beyond 3 January 2022 entail significant risks Report supplements earlier report of the working group from August 2019 The private sector working group on euro risk-free rates has today published a report on […]