European Central Bank

The euro area banking sector is well prepared to cope with a potential severe economic downturn, the results of our 2025 stress test show.

Strong profitability provides banks with a solid buffer against the scenario's projected increased losses www.bankingsupervision.europa.eu/press/pr/dat...

How are house prices, sales and consumption of household goods affected by our monetary policy?

Read #TheECBBlog to find out europa.eu/!kdPvg3

We’ve published our latest Environmental Statement!

From promoting green travel to raising awareness, we’re continuing to reduce our environmental impact and actively involve staff across the ECB.

Read the full statement europa.eu/!yT4tGj

How did euro area bank interest rates evolve in June? And how do they compare with May’s figures?

Find out more in the press release europa.eu/!gV987j

Trade tensions between China and the United States mean exports may be redirected to the euro area. This could bring down inflation by as much as 0.15 percentage points. Read #TheECBBlog europa.eu/!RmJ4N4

What do consumers in the euro area expect will happen to inflation, their incomes, their spending and the value of their homes 12 months from now?

We’ve published the latest results of our Consumer Expectations Survey.

Press release europa.eu/!j4YRqx

Supervisory Board Chair Claudia Buch talks to finanz-szene about our approach to better supervision, competitiveness and structural challenges within the banking sector.

They also discuss geopolitical risks and the banking union.

Listen to the full episode (in German) 👉 shorturl.at/r76sQ

Our role at the ECB is to safeguard and preserve the euro – that is why we are committed to developing the digital euro, President Christine Lagarde @president.ecb.europa.eu emphasised at our July press conference.

Stablecoins are reshaping global finance – with the US dollar at the helm. Without a strategic response, European monetary sovereignty and financial stability could erode. However, in this disruption there is also an opportunity for the euro to emerge stronger europa.eu/!YvcQfh

The digital euro would be a digital form of cash: simple, free, inclusive, protecting privacy and accepted throughout the euro area, Executive Board member Piero Cipollone explains in an interview with Delo
www.ecb.europa.eu/press/inter/...

Letter from the ECB President to Ms Scheuring-Wielgus, MEP, on new banknotes europa.eu/!qX3xnT

🗓️ On 1 August, at 18:00 CEST, the #EBA will publish results of 2025 EU-wide stress test - a test on how well European banks can weather economic shocks.

📉 This year’s scenario tests banks on a sharp economic downturn driven by geopolitical tensions 🌏

🎥 Watch the video to find out more⤵️

Europe must finance its green, digital and defence transitions. As new defence commitments place increased pressure on national and EU budgets, #TheECBBlog outlines a strategy on how to fund these challenges europa.eu/!w9Xrdd

ECB clarifies harmonised approach to policy choices offered by EU law European banking supervisors contribute to keeping the banking system safe and sound. European banking supervision comprises the ECB and national supervisors of the participating countries.

ECB clarifies harmonised approach to policy choices offered by EU law (press release) www.bankingsupervision.europa.eu/press/pr/dat...

The Executive Board has appointed Isabel Vansteenkiste as Counsellor to President Lagarde.

Isabel’s predecessor Roland Straub will become Deputy Director General Market Operations.

Isabel and Roland will take up their new roles on 15 September.
Congratulations to both!

europa.eu/!KHyMqt

How did euro area bank lending and money supply evolve in June? How do they compare with May’s figures?

Find out more in the press release europa.eu/!vPpJFF

Transcript with Q&A of yesterday’s monetary policy press conference europa.eu/!qnkr3Q

The Governing Council decided to keep interest rates unchanged at today’s press conference.
 
We are in a wait-and-see situation, and our monetary policy decision will remain data-dependent, said President Christine Lagarde.

@president.ecb.europa.eu

Inflation is currently at our 2% medium-term target, said President Lagarde after the Governing Council decided to keep the three key interest rates unchanged.

We are determined to ensure that inflation stabilises at target in the medium term.

@president.ecb.europa.eu

Today we kept our key interest rates unchanged. We did this because inflation is set to stabilise at our 2% target.

The economy has been resilient, but the global environment remains exceptionally uncertain.

Check out our monetary policy statement at a glance europa.eu/!JwrDp8

We’ve just taken our latest monetary policy decisions.

Tune in to #TheECBPodcast to hear President Christine Lagarde present the decisions in our press conference pod.link/ecbpodcast

@president.ecb.europa.eu

Watch the ECB press conference live: President Christine Lagarde explains today’s monetary policy decisions europa.eu/!KByWRW

@president.ecb.europa.eu

We kept our key interest rates unchanged.

We expect inflation to stabilise around our 2% target in the period ahead.

Read today’s monetary policy decisions www.ecb.europa.eu/press/pr/dat...

Later today: watch live as ECB President Christine Lagarde explains the latest monetary policy decisions europa.eu/!KByWRW

@president.ecb.europa.eu

We asked 155 banks about changes in their lending conditions and loan demand during the second quarter of 2025.

Read our bank lending survey to find out more europa.eu/!76jwhb

In the latest Survey on the Access to Finance of Enterprises (SAFE), firms reported lower interest rates on bank loans and slightly tighter lending conditions in the second quarter of 2025. Expectations for selling prices, wages and one-year-ahead inflation declined europa.eu/!GxCknt

How did the euro area current account balance evolve in May? And how does it compare with the same month a year earlier?

Find out more in the press release europa.eu/!MknCTt

The ECB has published its third progress report on the digital euro project.

We're refining the rulebook, exploring the digital euro’s innovation potential, and engaging with all stakeholders.

Read more www.ecb.europa.eu/euro/digital...

ECB finalises Guide on outsourcing cloud services European banking supervisors contribute to keeping the banking system safe and sound. European banking supervision comprises the ECB and national supervisors of the participating countries.

ECB finalises Guide on outsourcing cloud services (press release) www.bankingsupervision.europa.eu/press/pr/dat...

💶 Applications for the design contest for our future banknotes are now open!

Are you a graphic designer residing in the EU? Submit your application by 12:00 CET on 18 August.

Information about the application process can be found on our website www.ecb.europa.eu/ecb/jobsproc...