Table A

Liquidity conditions and monetary policy operations from 1 November 2023 to 30 January 2024

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Mercoledì, Aprile 3, 2024

This box describes liquidity conditions and the Eurosystem monetary policy operations during the seventh and eighth maintenance periods of 2023, from 1 November 2023 to 30 January 2024.

Key Points: 


This box describes liquidity conditions and the Eurosystem monetary policy operations during the seventh and eighth maintenance periods of 2023, from 1 November 2023 to 30 January 2024.

Hecla Reports Exploration Results and Reserves

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Martedì, Febbraio 13, 2024

Hecla Mining Company (NYSE:HL) today reported exploration results and year end reserves.

Key Points: 
  • Hecla Mining Company (NYSE:HL) today reported exploration results and year end reserves.
  • The exploration program has resulted in the second highest silver reserves and the largest gold resource in Hecla’s history.
  • Hecla produces almost half of silver in the U.S., and we expect to be Canada’s largest silver producer in 2024.
  • Gold reserves decreased by 16% due to the strategic change to transition to a surface operation only at Casa Berardi.

Assessing the macroeconomic effects of climate change transition policies

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Venerdì, Febbraio 9, 2024

This box assesses the impact on euro area real GDP and inflation of green fiscal discretionary measures as included in the December 2023 Eurosystem staff macroeconomic projections.

Key Points: 
  • This box assesses the impact on euro area real GDP and inflation of green fiscal discretionary measures as included in the December 2023 Eurosystem staff macroeconomic projections.
  • These simulations suggest modest downside risks to GDP and upside risks to inflation from transition policies to achieve EU targets, but the effects depend on the transition policy mix.

Liquidity conditions and monetary policy operations from 2 August to 31 October 2023

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Venerdì, Gennaio 19, 2024

This box describes liquidity conditions and the Eurosystem’s monetary policy operations during the fifth and sixth maintenance periods of 2023, from 2 August to 31 October 2023.

Key Points: 


This box describes liquidity conditions and the Eurosystem’s monetary policy operations during the fifth and sixth maintenance periods of 2023, from 2 August to 31 October 2023.

Eurosystem staff macroeconomic projections for the euro area, December 2023

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Mercoledì, Gennaio 3, 2024

In doing so, we provide a rare application of the NGFS climate scenarios to economic assessment through the lens of the macroeconomic modelling frameworks underlying the scenario construction (e.g.

Key Points: 
  • In doing so, we provide a rare application of the NGFS climate scenarios to economic assessment through the lens of the macroeconomic modelling frameworks underlying the scenario construction (e.g.
  • Full recycling through government investment yields the strongest output multiplier, whereas recycling through household transfers or reduced income taxes yields the lowest multiplier.
  • During the transition, euro area macroeconomic variables respond very similarly if two-pillar or price level-targeting monetary policy rules are followed.

Syra Health Announces Third Quarter 2023 Financial Results

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Martedì, Novembre 14, 2023

CARMEL, Ind., Nov. 14, 2023 /PRNewswire/ -- Syra Health Corp. (NASDAQ: SYRA), ("Syra Health" or the "Company") a healthcare company addressing some of healthcare's most significant challenges by providing innovative services and technology solutions, today announced its financial results for the third quarter of 2023 for the period ended September 30, 2023.

Key Points: 
  • Conference call will be held today, Tuesday, November 14 at 9:00am ET
    CARMEL, Ind., Nov. 14, 2023 /PRNewswire/ -- Syra Health Corp. (NASDAQ: SYRA), ("Syra Health" or the "Company") a healthcare company addressing some of healthcare's most significant challenges by providing innovative services and technology solutions, today announced its financial results for the third quarter of 2023 for the period ended September 30, 2023.
  • Launched Syrenity, a mental health product that proactively identifies the negative factors impacting mental health and integrates telehealth for mental health prevention and treatment.
  • Sandeep Allam, Executive Chairman and President of Syra Health, said, "We completed our successful initial public offering in October 2023.
  • Net Loss for the quarter ended September 30, 2023, was $(354,376), compared to $(354,535) in the third quarter of 2022.

Liquidity conditions and monetary policy operations from 2 November 2022 to 7 February 2023

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Giovedì, Marzo 30, 2023

This box describes liquidity conditions and the ECB’s monetary policy operations during the seventh and eighth reserve maintenance periods of 2022.

Key Points: 
  • This box describes liquidity conditions and the ECB’s monetary policy operations during the seventh and eighth reserve maintenance periods of 2022.
  • Together, these two maintenance periods ran from 2 November 2022 to 7 February 2023 (the “review period”).
  • However, the decline was partially offset by the reduction in net autonomous factors, which added liquidity to the system.
  • This decline in net autonomous factors continued the trend observed since the end of the negative interest rate environment in July 2022.
  • During the eighth maintenance period a decline in government deposits was the primary driver of the reduction in net autonomous factors.
  • “MROs” denotes main refinancing operations, “LTROs” denotes longer-term refinancing operations, and “PELTROs” denotes pandemic emergency longer-term refinancing operations.
  • 2) Computed as the difference between autonomous liquidity factors on the liabilities side and autonomous liquidity factors on the assets side.
  • The average amount of liquidity provided through monetary policy instruments decreased by €505.4 billion during the review period, to €6,570.9 billion (Chart A).
  • The average amount of liquidity provided through credit operations decreased by €497.9 billion during the review period.
  • The voluntary early repayment operations in November, December and January amounted to €296.3 billion, €447.5 billion and €62.7 billion respectively.
  • Changes in other credit operations (pandemic emergency longer-term refinancing operations, main refinancing operations and three-month longer-term refinancing operations) were minor, amounting to a net decline in liquidity provided of just €1 billion.
  • It reflects the difference between the total liquidity provided to the banking system and banks’ liquidity needs.
  • After peaking in September 2022 (at €4.8 trillion), excess liquidity has progressively decreased following the aforementioned TLTRO III early repayments, net of the effects of autonomous factors.

Hecla Reports Highest Silver Reserves in Company History

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Martedì, Febbraio 14, 2023

Hecla Mining Company ( NYSE:HL ) today reported the highest silver reserves in its more than 130-year history and provided an update on its exploration programs during the fourth quarter 2022 and plans for 2023.

Key Points: 
  • Hecla Mining Company ( NYSE:HL ) today reported the highest silver reserves in its more than 130-year history and provided an update on its exploration programs during the fourth quarter 2022 and plans for 2023.
  • 2022 proven and probable silver reserves were the highest in Hecla’s history at more than 240 million ounces.
  • At Greens Creek, 2022 production was not replaced, where silver, gold, zinc, and lead reserves decreased by 7%, 1%, 4%, and 6%, respectively, over 2021 reserves.
  • At the Lucky Friday, mining of 4.8 million ounces of silver was replaced, and proven and probable silver reserves are unchanged from 2021 at 74.7 million ounces of silver.