Her Eleftherias Kourtali The end of the bond market program and the preparation of the ground for the first interest rate increase since 2011, next July, international analysts widely expect that the European Central Bank will announce at its meeting this Thursday where it will present the new (and worse) forecasts for growth and inflation. […]
Tag: Christine Lagarde
Bloomberg: Lagarde prepares for ECB ‘launch’ due to new record inflation
Discussions within the European Central Bank about how aggressively monetary policy should be tightened are likely to intensify this week before decisions are made, as the data likely point to a new record for inflation, according to Bloomberg. All but one of the economists surveyed by Bloomberg’s forecast forecast an acceleration in annual price growth, […]
K. Mitsotakis: We will defend our sovereign rights – We will internationalize what is happening with Turkey
By Dimitris Gatsios Noting that the missions to the United States and Davos conveyed the message of a strong Greece at every level, the Prime Minister, in the first life cabinet in two years, sent clear messages to the country and abroad . “A strong Greece bothers some… We accept our neighbor’s leontarianisms. As long […]
ECB officials support Lagarde’s interest rate hike
A number of members of the Board of Directors voted today in favor of the plan to increase the interest rates of the European Central Bank, presented on Monday by its President, Christine Lagarde. of the ECB Lagarde wrote in the ECB blog that the deposit acceptance rate, which is currently negative (-0.5%), should start […]
Praise Lagarde in Greek politics for taxing the energy revenues of energy companies
The decision of the Greek government to tax the super-revenues of the energy companies at a rate of 90% was chosen by the President of the European Central Bank, Christine Lagarde, who sat down to a dinner with the Prime Minister, Kyriakos Mitsotakis, on the sidelines. Economic Forum in Davos. Specifically, Ms. Lagarde stressed that […]
Praise Lagarde in Greece for the taxation of the over-revenues of the energy companies
The decision of the Greek government to tax the super-revenues of the energy companies at a rate of 90% was chosen by the President of the European Central Bank, Christine Lagarde, who sat down to a dinner with the Prime Minister, Kyriakos Mitsotakis, on the sidelines. Economic Forum in Davos. Specifically, Ms. Lagarde stressed that […]
Strategic ambiguity end
By Marcus Ashworth Christine Lagarde violated one of the golden rules of central banking. In a blog post that came to light on Monday, the president of the European Central Bank actually gave clear future guidance on the possible course of interest rates in the coming months. With an ex-ante commitment to raising borrowing costs, […]
K. Mitsotakis: We are launching strategic investments for the transformation of the country into an energy gateway
The Prime Minister Kyriakos Mitsotakis participated tonight, in the context of the World Economic Forum in Davos, in a dinner on the challenges facing Europe today and the global role of the European Union, in the landscape that is being formed after the Russian invasion of Ukraine. The Prime Minister, together with the President of […]
Lagarde: Deposit interest rate at zero or slightly higher by the end of September
European Central Bank President Christine Lagarde said she sees the ECB’s deposit rate at zero or “slightly higher” by the end of September, indicating an increase of at least 50 basis points from the current level. Her comments sent the euro higher against the dollar as markets anticipated higher interest rate hikes this summer to […]
Lagarde: ECB likely to emerge from negative interest rates by end of September
The European Central Bank (ECB) is likely to start raising interest rates in July, coming out of the negative by the end of September, said President Christine Lagarde, according to Bloomberg. “I expect that the net purchases under the APP will end very early in the third quarter,” she said on Monday. “This would allow […]