Euribor reaches 2.95%, its highest level in two years
Euribor closes August at 2.95%, the highest level since 2024, impacting variable mortgages with increased monthly payments.
Latest European Central Bank news
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The Spanish stock market fails to recover after dropping below 20,000 points. Inflationary pressure and rising oil prices complicate the outlook.
Euribor closes August at 2.95%, the highest level since 2024, impacting variable mortgages with increased monthly payments.
Between September 10 and 18, interest rate hikes are expected from major central banks, which could impact the markets.
The ECB is exploring issuing central bank money on the blockchain to modernise settlement and monetary policy, according to Isabel Schnabel in Jackson Hole.
Piero Cipollone (ECB) urges the removal of barriers in the European single market and investment in renewables to enhance companies' competitiveness.
Eurozone households' inflation expectations drop to 2.9% in July, according to the ECB; economic growth forecasts improve to -1.2%.
Lagarde warns at the Davos Forum that the three pillars of European growth are weakening and calls for more single market integration.
92% of businesses with physical points of sale accept cash, according to the ECB. Mobile payments rise from 36% to 68% in two years.
European banking assets reach €34.33 trillion in March 2026, up 3.63% from a year ago. Non-performing loans rise to 1.98%.
The ECB maintains interest rates but leaves open the possibility of a hike in September if energy inflation and economic data demand it.
The ECB selects 36 providers for a 12-month digital euro pilot starting in 2027. Only Eurosystem employees will use it in shops.
The ECB defends the digital euro as an anchor of monetary sovereignty amid the digitalisation of payments.