Frankfurt

Frank Elderson: Interview with De Volkskrant

Retrieved on: 
Sunday, February 4, 2024

While existing models have added a financial sector and real estate sector, they have largely overlooked housing supply.

Key Points: 
  • While existing models have added a financial sector and real estate sector, they have largely overlooked housing supply.
  • I develop an extended DSGE model that includes both the financial sector and endogenous housing supply and show that forecasting accuracy significantly improves when data on new houses is included.
  • The findings highlight the necessity of combining model extension and housing supply data for accurate forecasting during economic crises.

EQS-News: Südzucker AG welcomes the recommendation of the delisting tender offer by CropEnergies AG

Retrieved on: 
Tuesday, January 30, 2024

CropEnergies shareholders who wish to accept the delisting tender offer must promptly contact their respective custodian bank or any other securities services company where their CropEnergies shares are being held.

Key Points: 
  • CropEnergies shareholders who wish to accept the delisting tender offer must promptly contact their respective custodian bank or any other securities services company where their CropEnergies shares are being held.
  • The offer document and a non-binding English translation, alongside other information regarding the delisting tender offer, are available at www.powerofplants-offer.com.
  • This announcement is neither an offer to purchase nor a solicitation of an offer to sell shares of CropEnergies AG nor an offer or recommendation to purchase shares of Südzucker AG.
  • The offer document and further documentation relating to the delisting tender offer is or will be available at www.powerofplants-offer.com.

Christine Lagarde: Thanks to Wolfgang Schäuble

Retrieved on: 
Wednesday, January 24, 2024

Contribution by Christine Lagarde, President of the ECB, French and German members of parliament and other personalities, published on n-tv.de Frankfurt am Main, 22 January 2024A Franco-German homage and appealAs a minister, Wolfgang Schäuble worked in close contact with his French counterparts.

Key Points: 

Contribution by Christine Lagarde, President of the ECB, French and German members of parliament and other personalities, published on n-tv.de


Frankfurt am Main, 22 January 2024

A Franco-German homage and appeal

  • As a minister, Wolfgang Schäuble worked in close contact with his French counterparts.
  • He was the first German finance minister to participate in a meeting of the French cabinet at the Élysée Palace.
  • He formulated the aspiration to always take French and European interests into account: “If a solution is good for Europe, then it is good for Germany.
  • And it is an appeal to young people to keep enthusiastically pursuing the idea of Europe.
  • We pay tribute to a great German, a great friend of France and a great European.

European Central Bank

Directorate General Communications

January 2024 euro area bank lending survey

Retrieved on: 
Wednesday, January 24, 2024

Chart 1 Changes in credit standards for loans or credit lines to enterprises, and contributing factors

Key Points: 
Chart 1
  • Changes in credit standards for loans or credit lines to enterprises, and contributing factors
    (net percentages of banks reporting a tightening of credit standards, and contributing factors)

    Source: ECB (BLS).

  • The net percentages for “other factors” refer to an average of the further factors which were mentioned by banks as having contributed to changes in credit standards.
Chart 2
  • Notes: Net percentages for the questions on demand for loans are defined as the difference between the sum of the percentages of banks responding “increased considerably” and “increased somewhat” and the sum of the percentages of banks responding “decreased somewhat” and “decreased considerably”.
  • The net percentages for “other factors” refer to an average of the further factors which were mentioned by banks as having contributed to changes in loan demand.
Notes

European Central Bank

Directorate General Communications

ECB appoints Banafsheh Geretzki as Director Internal Audit

Retrieved on: 
Wednesday, January 24, 2024

- PRESS RELEASE

Key Points: 
  • - PRESS RELEASE
    ECB appoints Banafsheh Geretzki as Director Internal Audit
    23 January 2024
    - Banafsheh Geretzki will take up her new role on 1 February 2024
    - Director Internal Audit leads ECB audit and investigation activities, including whistleblowing procedures
    The Executive Board of the European Central Bank (ECB) has appointed Banafsheh Geretzki as Director Internal Audit.
  • In her new role, Ms Geretzki will lead the ECB’s internal audit and investigation activities, including whistleblowing procedures and administrative inquiries.
  • The Directorate Internal Audit evaluates and seeks to continuously make more effective and efficient the risk management, control and governance processes at the ECB.
  • : +49 171 769 5305
    Notes
    The list of ECB managers can be found on the ECB website.

Luis de Guindos: The economic outlook and monetary policy in the euro area

Retrieved on: 
Friday, January 19, 2024

Bank market power, both in the loan and deposit market, has important implications for credit provision and for financial stability.

Key Points: 
  • Bank market power, both in the loan and deposit market, has important implications for credit provision and for financial stability.
  • This article discusses these issues through the lens of a simple theoretical framework.

Isabel Schnabel: Q&A on X

Retrieved on: 
Friday, January 19, 2024

Bank market power, both in the loan and deposit market, has important implications for credit provision and for financial stability.

Key Points: 
  • Bank market power, both in the loan and deposit market, has important implications for credit provision and for financial stability.
  • This article discusses these issues through the lens of a simple theoretical framework.

Philip R. Lane: Interview with Corriere della Sera

Retrieved on: 
Friday, January 19, 2024

Bank market power, both in the loan and deposit market, has important implications for credit provision and for financial stability.

Key Points: 
  • Bank market power, both in the loan and deposit market, has important implications for credit provision and for financial stability.
  • This article discusses these issues through the lens of a simple theoretical framework.

ECB Consumer Expectations Survey results – November 2023

Retrieved on: 
Friday, January 19, 2024

Bank market power, both in the loan and deposit market, has important implications for credit provision and for financial stability.

Key Points: 
  • Bank market power, both in the loan and deposit market, has important implications for credit provision and for financial stability.
  • This article discusses these issues through the lens of a simple theoretical framework.