PRAC starts review of data on skin cancer with Picato EMA’s safety committee (PRAC) has started a review of data on skin cancer in patients using Picato (ingenol mebutate), a gel for treating actinic keratosis, a skin condition caused by too much sunlight exposure. The review was triggered by data from several studies showing a […]
The composite cost-of-borrowing indicator for new loans to corporations[1] remained broadly unchanged at 1.56% in July 2019. The composite cost-of-borrowing indicator for new loans to households for house purchase[2] decreased by 6 basis points from the previous month to 1.61% in July 2019, driven by the interest rate effect. In the same month, the composite interest rate […]
In the week ending 30 August 2019 gold and gold receivables (asset item 1) increased by EUR 1 million owing to gold transactions by two Eurosystem central banks. The net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) rose by EUR 0.9 billion to EUR 289 billion. As a result of the Eurosystem’s open market operations and standing […]
This report analyses the needs for climate change adaptation and climate resilience in Europe’s energy system now and in the future. This assessment supports the clean energy transition, which involves a massive expansion of renewable energy sources, many of which are sensitive to climate factors.
Total assets of euro area insurance corporations amounted to €8,456 billion in the second quarter of 2019, €198 billion higher than in first quarter of 2019 Total insurance technical reserves of euro area insurance corporations rose to €6,472 billion in second quarter, up €192 billion from first quarter. Total assets of euro area insurance corporations increased to €8,456 billion […]
Latest estimates show that drug overdose deaths in Europe have risen for the fifth consecutive year, with a record 9 461 lives lost in 2017 (EU 28, Turkey and Norway). Reducing drug-related deaths is therefore a major public health challenge. Ahead of International Overdose Awareness Day, the EU drugs agency (EMCDDA) launches today three new resources looking at drug overdoses […]
Provisions will facilitate ECA’s audits on ECB’s banking supervision functions Practical information-sharing arrangements between the two institutions established Close cooperation and smooth information flows will help to enhance European banking supervision The European Court of Auditors (ECA) and the European Central Bank (ECB) have agreed a Memorandum of Understanding (MoU) that establishes practical information-sharing arrangements […]
In the week ending 23 August 2019 gold and gold receivables (asset item 1) increased by EUR 2 million owing to gold transactions by two Eurosystem central banks. The net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) decreased by EUR 0.1 billion to EUR 288.2 billion. As a result of the Eurosystem’s open market operations and standing […]
ECB revises supervisory expectations for prudential provisioning for new non-performing loans (NPLs) to account for new Pillar 1 requirements Supervisory expectations for coverage of stock of NPLs remain unchanged NPLs arising from loans originated after 26 April 2019 in principle subject solely to Pillar 1 treatment The European Central Bank (ECB) has decided to revise […]
Europa Open Air concert draws over 20,000 music lovers every year Alte Oper to start new season with young musicians from Gustav Mahler Jugendorchester Charity concert in support of “Basketball macht Schule” youth initiative ECB to open doors to chamber music Since its launch in 2003 the European Cultural Days of the ECB has featured […]
