The European Central Bank (ECB) is publishing its Structural Issues Report today. This year, it deals with “Energy markets and the euro area macroeconomy”. The aim of this year’s report is to analyse the impact of energy price fluctuations on the euro area macroeconomy. The response of euro area output to large energy price changes is determined by the energy dependency and the intensity of production, as well as by the degree of flexibility of … Read more »

Within the framework of its collective responsibility for the overall functioning of the business areas of the European Central Bank (ECB), the Executive Board of the ECB agreed yesterday on the following distribution of responsibilities among its members, with immediate effect:  … Read more »

Euro area investment fund statistics March 2010 In March 2010, the amount outstanding of shares/units issued by euro area investment funds other than money market funds was higher than one quarter earlier in December 2009. This increase was due both to increases in share/unit prices and to net issues of shares/units. … Read more »

EURO AREA BALANCE OF PAYMENTS IN MARCH 2010 In March 2010 the seasonally adjusted current account of the euro area recorded a surplus of EUR 1.7 billion. In the financial account, combined direct and portfolio investment recorded net outflows of EUR 38 billion (nonseasonally adjusted). … Read more »

ECB LAYS THE FOUNDATION STONE FOR ITS NEW PREMISES Today, the ECB marked the official start of construction works by laying the foundation stone for its new premises at the site of the former Grossmarkthalle in Frankfurt am Main.  … Read more »