Ukraine Recovery Conference: environmental NGOs call for a green post-war reconstruction

WWF-Ukraine and the Centre for Environmental Initiatives “Ecoaction” call for recognition of the crucial role nature and clean technologies must play in ensuring a sustainable recovery from the war. Lugano, Switzerland (5th July 2022) – As the Ukraine Recovery Conference 2022 in Lugano concludes today, WWF-Ukraine and the Centre for Environmental Initiatives “Ecoaction” are concerned at the […]

Households and non-financial corporations in the euro area: first quarter of 2022

Households’ financial investment increased at annual rate of 3.1% in first quarter of 2022, after 3.4% in fourth quarter of 2021 Non-financial corporations’ financing grew at higher rate of 3.2% (after 3.0%) Non-financial corporations’ gross operating surplus increased at lower annual rate of 4.2% (after 6.2%)

Euro area quarterly balance of payments and international investment position: first quarter of 2022

Current account surplus at €217 billion (1.7% of euro area GDP) in four quarters to first quarter of 2022, down from €301 billion (2.6% of GDP) a year earlier Geographic counterparts: largest bilateral current account surpluses vis-à-vis United Kingdom (€156 billion) and Switzerland (€77 billion), largest deficits vis-à-vis China (€106 billion) and Russia (€44 billion) International investment position showed net liabilities of €6 billion (0.04% of euro […]

Euro area bank interest rate statistics: May 2022

Composite cost-of-borrowing indicator for new loans to corporations increased by 4 basis points to 1.55%, driven by the interest rate effect, while indicator for new loans to households for house purchase increased by 17 basis points to 1.78%, driven by the interest rate effect Composite interest rate for new deposits with agreed maturity from corporations broadly unchanged at -0.24%, with interest […]

Euro money market statistics: Third maintenance period 2022

Daily average borrowing turnover in the unsecured segment decreased from €137 billion in the second maintenance period of 2022 to €129 billion in the third maintenance period of 2022 Weighted average overnight rate on borrowing transactions in the unsecured segment increased from -0.56% to -0.55% for the wholesale sector and decreased from -0.58% to -0.59% for the […]

A new protected area along the Danube proposed by WWF is declared

“Esetrite – Vetren” is the first protected territory aimed at the conservation of sturgeons in Bulgaria. Following a proposal by WWF, late last week, the Bulgarian Ministry of Environment and Water (MEW) declared a new protected area along the Danube River, Esetrite – Vetren. The area aims to protect an important habitat of critically endangered […]

ECB takes further steps to incorporate climate change into its monetary policy operations

ECB to account for climate change in its corporate bond purchases, collateral framework, disclosure requirements and risk management, in line with its climate action plan Measures aim to reduce financial risk related to climate change on the Eurosystem’s balance sheet, encourage transparency, and support the green transition of the economy Measures to be regularly reviewed […]