Hungary has blocked the approval of a new EU financial assistance program for Ukraine worth 18 billion euros, which the Kyiv authorities urgently need to cover their public deficit inflated and keep the economy going in the context of the Russian invasion. The aid is designed to be disbursed during the year 2023, amounting to …
Hungary blocks approval of 18 billion euro financial aid to Ukraine Read More »
Christine Lagarde, President of the European Central Bank speaks at an event. The central bank is due to meet in mid-December for further monetary policy decisions. Bloomberg | Bloomberg | Getty Images The European Central Bank may be on the verge of answering a lingering question in the coming weeks that could have major repercussions …
Europe’s biggest bond buyer starts thinking about selling Read More »
November 28, 2022 Components of the broad monetary aggregate M3 The annual growth rate of the broad monetary aggregate M3 decreased from 6.3% in September to 5.1% in October 2022.[1], averaging 5.8% in the three months to October. The components of M3 showed the following evolutions. The annual growth rate of the narrower aggregate M1, …
Monetary developments in the euro area: October 2022 Read More »
