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European Central Bank (ECB)

The European Central Bank monitors the monetary policy of the eurozone, with the main objective being to maintain price stability.

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An image that merges the logos of UniCredit and Commerbank

An image that merges the logos of UniCredit and Commerbank

Italy's UniCredit raises eyebrows over Commerzbank move

UniCredit stunned markets by buying a 9% stake in Germany's second-largest lender. DW asks what are the next moves.

Euro currency symbol and two EU flags inside headquarters of European Central Bank (ECB) in Frankfurt as man walks by

Euro currency symbol and two EU flags inside headquarters of European Central Bank (ECB) in Frankfurt as man walks by

ECB cuts interest rates for first time since 2019

The European Central Bank (ECB) has announced a quarter-point interest rate cut amid slowing inflation.

Euro coins against the backdrop of a US dollar

Euro coins against the backdrop of a US dollar

Beating inflation: How do Europe and the US compare?

Inflation rates on both sides of the Atlantic are proving to be stickier in 2024 than many central bankers expected.

A Euro-sculpture and the European Central Bank (ECB)

A Euro-sculpture and the European Central Bank (ECB)

ECB keeps key eurozone interest rates steady

While inflation is easing in much of Europe, it still exceeds the ECB's 2% target.

Europäische Zentralbank (EZB) | Frankfurt am Main, Deutschland

Europäische Zentralbank (EZB) | Frankfurt am Main, Deutschland

ECB leaves interest rates unchanged for second time

The ECB raised interest rates to recent record highs this year, but inflation has since dipped closer to its target.

Hundred euro bills being printed

Hundred euro bills being printed

ECB leaves interest rates unchanged as markets falter

The European Central Bank left interest rates at 4%, snapping a record streak of 10 rate hikes.

European Central Bank moves 'digital euro' to next phase

The EU's plan to launch a "digital euro" or a common digital currency will move to a "preparation phase" in November.

Customers shop at a supermarket in Rome

Customers shop at a supermarket in Rome

Eurozone inflation dips to 4.3%, fueling interest rate hopes

Price rises fall to an almost two-year low, stoking calls to pause interest rate hikes in the common currency area.

Eurozone inflation remains unchanged in August

The European Central Bank said inflation in the 20 Eurozone countries was unchanged at 5.3% in August.

ECB hikes interest rate to 4.25% to combat inflation

The European Central Bank has lifted interest rates nine times in a row in an effort to curb persistent inflation.

Close-up photo of a hand reaching for a series of euro banknotes sticking out of a wallet.

Close-up photo of a hand reaching for a series of euro banknotes sticking out of a wallet.

ECB says 'finishing line in sight' on inflation, interest

The European Central Bank vice president believes recent interest rate rises are having an impact, taming inflation.

The headquarters of the European Central Bank (ECB) in Frankfurt, Germany

The headquarters of the European Central Bank (ECB) in Frankfurt, Germany

ECB raises key interest rate as Fed hits pause

The European Central Bank announced a quarter-point interest rate hike as inflation remains too high.

The sun setting behind the skyline of Frankfurt with the ECB main building in front of the picture

The sun setting behind the skyline of Frankfurt with the ECB main building in front of the picture

ECB turns 25: From guardian of the euro to crisis manager

As the ECB fights rampant inflation, it's not the only crisis the bank's been facing in the past 25 years.

The headquarters of the European Central Bank in Frankfurt, Germany

The headquarters of the European Central Bank in Frankfurt, Germany

ECB raises key interest rate to 3.75%

The European Central Bank announced a smaller interest rate hike, following a similar move by the US Federal Reserve.

Hundreds of craftsmen demonstrate in Paris towards the Ministry of Finance against the rising costs of energy and raw materials

Hundreds of craftsmen demonstrate in Paris towards the Ministry of Finance against the rising costs of energy and raw materials

How company profits are keeping prices high

Inflation is hitting consumers hard. Policymakers are pointing to high company profits as part of the problem.

Europäische Zentralbank (EZB) | Frankfurt am Main, Deutschland

Europäische Zentralbank (EZB) | Frankfurt am Main, Deutschland

EU summit: European banking sector not in turmoil

While European bank shares have slumped, EU leaders are not worried. But they warn to "never be complacent."

A woman walks past the European Central Bank (ECB) headquarter in Frankfurt

A woman walks past the European Central Bank (ECB) headquarter in Frankfurt

Germany's Scholz says EU banking system 'stable'

Leaders of countries that use the euro currency met after the takeover of Credit Suisse and fears of further turmoil.

A traffic sign is seen in front of the logos of Swiss banks Credit Suisse and UBS

A traffic sign is seen in front of the logos of Swiss banks Credit Suisse and UBS

Credit Suisse deal: Why are investors worried?

Banking stocks and bonds are bleeding, with a risky class of debt under particular focus.

Brüssel Treffen Eurogroup, Eurozone | Christian Lindner, Deutschland & Paschal Donohoe

Brüssel Treffen Eurogroup, Eurozone | Christian Lindner, Deutschland & Paschal Donohoe

EU measures to protect banks 'have worked'

Eurogroup chief Paschal Donohoe has expressed confidence in the ability of European banks to handle the current turmoil.

The ECB building in Frankfurt

The ECB building in Frankfurt

ECB raises interest rates by 0.5% as banks stocks wobble

The ECB stuck to its planned hike even amid the collapse of Silicon Valley Bank and the pressure on Credit Suisse.

A generic image of a one-dollar note and a one-euro coin

A generic image of a one-dollar note and a one-euro coin

What's behind the euro's comeback against the US dollar

The euro has bounced back from its 2022 lows against the dollar, providing a big boost in the fight against inflation.

The ECB headquarters in the twilight

The ECB headquarters in the twilight

ECB hikes interest rates again in anti-inflation bid

The European Central Bank has raised deposit interest rates by half a percentage point to 2.5%.

A person with a wallet full of euro notes

A person with a wallet full of euro notes

Bundesbank chief says inflation to remain high until 2024

The head of Germany's central bank says it will take time for the effect of higher interest rates to kick in.

Ashutosh Pandey

Ashutosh Pandey

ECB has got its priority right

Ashutosh Pandey

The central bank is stuck between the devil and the deep blue sea. For now, it is gunning for the devil, and rightly so.

A shot of the Frankfurt skyline prominently featuring the European Central Bank building

A shot of the Frankfurt skyline prominently featuring the European Central Bank building

ECB hikes rates by 75 basis points

The European Central Bank has decided to raise eurozone intrest rates by a record 75 basis points to rein in inflation.

Dollar and euro banknotes

Dollar and euro banknotes

Why the euro's weakness is a big deal

A sinking euro has been inflicting further pain on an economy that's already reeling from a surge in inflation.

An tattered EU flag flies from a flagpole

An tattered EU flag flies from a flagpole

How is Europe navigating multiple crises?

The European Union is struggling with multiple financial crises at the same time. How is it planning to defuse them?

Headquarters of ECB in Frankfurt

Headquarters of ECB in Frankfurt

ECB raises rates for first time in 11 years

The higher-than-expected hike could put a brake on rising prices, but might also dampen economic growth.

Christine Lagarde

Christine Lagarde

ECB faces moment of truth on interest rates

As the European Central Bank announces an interest rate hike, all eyes are set on how big the increase will be.

Dollar bills and a euro coin

Dollar bills and a euro coin

How low could euro go below $1?

As the euro heads toward parity with the US dollar, currency traders say the slide is unlikely to stop there.

ECB pledges interest rate rise in July as inflation rises

The European Central Bank has left the interest rate unchanged but indicated that it will change in July.

Hand taking a €100 note from a wallet

Hand taking a €100 note from a wallet

Eurozone sees record inflation in March

The war in Ukraine and the economic impact of the COVID pandemic in China are continuing to drive a rise in prices.

Helpers distributing food items to refugees

Helpers distributing food items to refugees

EU proposes solution to Ukrainian refugees' cash problem

Many of the 4 million refugees from Ukraine brought cash to Europe. Until now, banks have been turning them down.

Euro banknotes in a pile

Euro banknotes in a pile

Ukraine war pushes eurozone inflation to 7.5%

Russia's invasion of its neighbor and the sanctions that followed have meant spiraling energy costs across the EU.

Euro banknotes

Euro banknotes

ECB plans euro bill redesign

The euro banknotes have undergone only one minor update since being introduced almost 20 years ago.

DW Business Asia Sendungslogo

DW Business Asia Sendungslogo

DW Business – Europe & Asia

Markets await ECB decision on monetary policy - Volkswagen profit drops on chip shortage

04.2015 DW Business Sendungslogo

04.2015 DW Business Sendungslogo

DW Business – Europe

Markets await ECB decision on monetary policy - Nutella not so sweet for Turkish farm workers

Boehme Henrik Kommentarbild App

Boehme Henrik Kommentarbild App

Pandemic-related inflation spooks Germans

No other country is as spooked by inflation as Germany, given its history. But there's no reason to panic just yet.

ECB President Christine Lagarde gives a press conference at the ECB in Frankfurt in September 2021

ECB President Christine Lagarde gives a press conference at the ECB in Frankfurt in September 2021

ECB to slow emergency pandemic stimulus

The European Central Bank will slow the rate of its pandemic stimulus as the eurozone economy shows signs of recovery.

European Central Bank (ECB) against the Frankfurter skyline at sunset

European Central Bank (ECB) against the Frankfurter skyline at sunset

EU banks found to be 'robust' after stress test

European banking authorities conducted the test to determine whether banks have enough cash on hand to cover risk.

The euro symbol shown on a screen

The euro symbol shown on a screen

ECB moves ahead with digital euro pilot project

The European Central Bank is taking the next step toward launching a digital version of the euro.

Coal-fired power station in Germany

Coal-fired power station in Germany

EU reveals new carbon-neutrality pathway

The European Commission will ask financial institutions to work with the European Central Bank to reduce emissions.

The European Central Bank in Frankfurt

The European Central Bank in Frankfurt

EU launches infringement proceedings against Germany

The European Commission has said it is investigating a top German court's challenge to an ECB debt-sharing scheme.

The new headquarters of the European Central Bank (ECB) stands in the foreground as the financial district and skyline of central Frankfurt

The new headquarters of the European Central Bank (ECB) stands in the foreground as the financial district and skyline of central Frankfurt

Brussels prepares case against Germany over ECB ruling

The issue relates to the buying of government bonds by the European Central Bank.

The eurozone's central bank launched the bond buying program in 2015

The eurozone's central bank launched the bond buying program in 2015

Court rules in favor of ECB bond-buying scheme

Germany's Constitutional Court has ruled that the purchase of government bonds was properly implemented.

Mario Draghi

Mario Draghi

Italy: Mario Draghi sworn in as PM

The former banker is now tasked with guiding Italy out of economic devastation brought on by the coronavirus pandemic.

The Euro Symbol at Willy Brandt Platz in Frankfurt

The Euro Symbol at Willy Brandt Platz in Frankfurt

ECB keeps interest rates at 0, expands stimulus program

The European Central Bank has continued its program of ultra-cheap loans for banks and expanded its stimulus program.

Two women stand at a bank's ATM machine

Two women stand at a bank's ATM machine

Europe's banks struggle to beat the coronavirus

The fallout from a prolonged resurgence of the virus poses a bigger threat to banks than the eurozone debt crisis.

European Central Bank

European Central Bank

European Central Bank adds €600 billion to stimulus scheme

The European Central Bank will ramp up its emergency pandemic emergency simulus program by €600 billion.

The European Central Bank building in Frankfurt am Main, Germany.

The European Central Bank building in Frankfurt am Main, Germany.

ECB: Coronavirus downturn could put strain on eurozone

The twin threats of rising debt and falling GDP loom in 2020 as governments seek to contain the coronavirus.