Elliott District Community Government Council

Luis de Guindos: A resilient banking sector for the euro area

Retrieved on: 
Thursday, May 18, 2023
Gaps, Review, European Central Bank, Addition Financial, Housing, Civil service commission, Face, Fixed-rate mortgage, Communication, Wave, NPL, Shock, EBA, Common equity, Elliott District Community Government Council, Attention, Amortization, Element, Frankfurt, NPL network, Credit Suisse, EDIS, Risk, Bank, ECB, Income, Buffer, CMU, Growth, CRE, Reproduction, Environment, European Commission, Security printing, Creative industries, Management, Security (finance), Real estate, Renewable energy, Cryptocurrency, EU, Basel
Key Points: 

Christine Lagarde: Interview with Nikkei

Retrieved on: 
Thursday, May 11, 2023
Personal ordinariate, Bank, European Central Bank, Visa requirements for Turkish citizens, Food, Food additive, European Parliament, Civil service commission, Face, Federal, European, Communication, Policy, History of the Federal Reserve System, Electricity, PEPP, Weakness, Aggression, Central bank, Elliott District Community Government Council, Basel Committee on Banking Supervision, Finance, History, Frankfurt, Credit Suisse, Projection, G7, Collective bargaining, Federal Reserve, Nikkei, Decision-making, Investment, Risk, ECB, AT1, Financial Stability Board, Growth, APP, Efficiency, Reproduction, Environment, European Commission, Bank of Japan, Cryptocurrency, Tourism, Renewable energy, Security printing, Mobile phone, Risk management, EU, Basel
Key Points: 

ECB publishes progress report on digital euro and study on possible features of a digital wallet

Retrieved on: 
Wednesday, April 26, 2023
Payment Services Directive, Technology, European Central Bank, PSD2, Riau rupiah, Internet, Communication, Group, Board of directors, Frankfurt, Payment, Elliott District Community Government Council, ECB, Knowledge, Digital, Reproduction, PSP, Security printing, Clothing, Cryptocurrency, Nightclub, Eurosystem

- PRESS RELEASE

Key Points: 
  • - PRESS RELEASE
    ECB publishes progress report on digital euro and study on possible features of a digital wallet
    24 April 2023
    - Digital euro potentially available initially to euro area residents, merchants and governments
    - Digital euro could be made available via existing banking apps and Eurosystem app
    - Offline and person-to-person payments across euro area seen as highly valued
    The European Central Bank (ECB) today published the third progress report on the digital euro, as well as the findings of focus groups commissioned by the ECB concerning people’s views on the features of a potential digital wallet.
  • In its initial releases, a digital euro would be accessible to euro area residents, merchants and governments.
  • The report also anticipates the potential provision of cross-currency functionalities with other central bank digital currencies outside the euro area.
  • The digital euro project is for the people of Europe”, said Executive Board member Fabio Panetta, who chairs the High-Level Task Force on a digital euro.

Fabio Panetta: A digital euro: widely available and easy to use

Retrieved on: 
Wednesday, April 26, 2023
People, Transfer, Adoption, SEPA, European Central Bank, Letter, PSD2, European Parliament Committee on Economic and Monetary Affairs, European Parliament, Speech, Solution, Economy, Communication, Profile, Central, Public policy, Elliott District Community Government Council, Goal, Board of directors, Treaty on the Functioning of the European Union, Privacy, Frankfurt, Progress, European Commission, Committee, G7, Introductory rate, Payment, Focus group, Executive Board of the European Central Bank, Treaty, Decision-making, Credit transfer, Elcano Royal Institute, ECB, Logic, RDG, Payment Services Directive, Reproduction, PSP, Security printing, Security (finance), Cryptocurrency, Mobile phone, Online shopping, Property management, Eurosystem, European
Key Points: 

Christine Lagarde: Interview with Grupo Vocento

Retrieved on: 
Saturday, March 18, 2023
Heart, Pressure, European Central Bank, Unemployment, Employment, Food, Optimism, Interview, Civil service commission, Communication, Policy, COVID-19, Eye, Head, Elliott District Community Government Council, Central bank, Frankfurt, Government, Thought, GDP, Time, Risk, ECB, Resilience, Recovery, El Diario, Growth, Remuneration, Reproduction, European Commission, Grupo Vocento, Fashion design, Insurance, Cryptocurrency, Marketing, Commercial property, Bank, Risk management, Renewable energy

First, I would point out that headline inflation has gone down in recent months, and will continue to decline in the next few months.

Key Points: 
  • First, I would point out that headline inflation has gone down in recent months, and will continue to decline in the next few months.
  • The way forward is clear: we have to continue to take the measures needed to bring inflation back to 2%.
  • What is the time frame for deciding whether you will change pace and moderate the rate hikes?
  • As President of the ECB I have to be focused on the decision-making, which needs to take into account the data.
  • These include our macroeconomic projections, the latest figures and the impact of our measures over time.
  • And, of course, the views of all the governors in the Governing Council.
  • Many experts are already talking about interest rates rising to 4% and they are not even ruling out further rate hikes in 2024.
  • That is the medium-term inflation target, which is how price stability is defined for us.
  • I know that they will be higher than they are now and we still have more work to do because we cannot declare victory.
  • For the moment, the economy is resilient, employment is robust and unemployment is the lowest it has ever been.
  • *
    I know that people are suffering from inflation, particularly the most vulnerable and those who are most exposed, pensioners with low incomes.
  • And the measures should be tailored so that they encourage people to save energy rather than use it as if it cost nothing.
  • And this adjustment needs to take place within a European framework and fiscal governance that will hopefully be decided soon.
  • What do you make of Ferrovial’s decision to move its head office to the Netherlands for legal certainty reasons?
  • What I will say is that Europe really needs to make progress on completing the capital markets union.
  • Although we share the same currency, European markets are fragmented, with different legal frameworks and different taxation rules.
  • We need to streamline all of this to make it easier for European businesses to obtain financing and to grow.

Philip R. Lane: Interview with Reuters

Retrieved on: 
Wednesday, March 1, 2023
Transport, Overalls, Reuters, Food, Frankfurt, News, Housing, Communication, Policy, Corporation, Bottleneck, Growth, Uncertainty, Income, Risk, Pressure, Travel, Risk assessment, Thought, Boil, Element, Economics, Executive Board of the European Central Bank, ECB, Board of directors, Restaurant, Environment, Employment, Elliott District Community Government Council, Reproduction, Tourism, Nature, Shock, GDP, Attitude, European Central Bank, Cryptocurrency, Pension fund, Food industry, Renewable energy, Life insurance, Telescopic sight, Blow molding, Dairy, Consultant, Auction, Insurance, Commercial property, Real estate, Airline, Creative industries

*

Key Points: 
  • *
    Since the December meeting – that is the relevant timeline for us – we’ve experienced several favourable supply shocks.
  • But of course there’s also an impact on the demand side, because China is set to grow quickly this year.
  • There are ongoing increases in employment and probably a reassessment in the direction that the risk of losing your job is going down.
  • The improvement in the energy price situation will in the near term lower inflation and boost GDP.
  • *Some of these factors are inflationary, particularly what you said about growth and the labour market.
  • *
    I will not pre-empt the aggregation work of the staff on the new projections.
  • With regard to the war against Ukraine, we should not interpret the situation simply as an energy crisis.
  • The war will be a first-order, fundamental issue for Europe in the coming years.
  • We saw last year an immediate and big drop in consumer and investor confidence.
  • The war raised questions about lots of issues, about the future of trade, geopolitics and so on.
  • But the worst-case scenarios we faced around last September and October, where people feared outright rationing of energy, have not materialised.
  • Consumer and investor confidence is an important demand-side issue, and we had a big slowdown last year.
  • But then there’s the issue of the ongoing increase in funding costs, the declines in housing prices and so on.
  • *Do you see any reason not to go through with the 50 basis point rate increase in March?
  • The data flow since then suggests that the assessment is solid, that we need another 50 basis points in March.
  • One element is our inflation projections, and here I mean the whole path, not just the end point.
  • Actual goods retail prices are still very strong, but the intermediate stage has been a good predictor of price pressures.
  • *
    When we started raising rates, I laid out my thinking on this issue, which boils down to two factors.
  • You can definitely come up with plausible scenarios for inflation that doesn’t come back to 2% quickly enough.
  • But that’s fixable in the sense that if the inflation dynamic weakens more quickly, then we can adjust.

Christine Lagarde: European Parliament plenary debate on the ECB Annual Report

Retrieved on: 
Monday, February 20, 2023
European, Foundation, Attention, European Commission, International economics, Council, Paris, Time, Frankfurt, Reproduction, Communication, ECB, Lagarde, Prejudice, Civil service commission, European Central Bank, Goal, Freedom, Peterson Institute for International Economics, Economic and monetary union, Parliament, Food, Risk, Policy, Single, Heart, APP, Growth, Elliott District Community Government Council, European Parliament, Democracy, Employment, COVID-19, Environment, Next Generation, Speech, Economy, Council Implementing Regulation (EU) No. 282/2011, Achievement, Liquor, Security printing, Tourism, Cryptocurrency, Bank, Renewable energy, Security (finance), EU, Eurostat

Strasbourg, 15 February 2023

Key Points: 
  • Strasbourg, 15 February 2023
    I am very pleased to be back here in this plenary room – the heart of European democracy – to participate in today’s important debate.
  • The ECB was granted a democratic mandate to ensure price stability in the euro area.
  • To achieve this mandate, the ECB was also granted a high level of independence.
  • After all, reinforcing trust in our institution also supports our monetary policy, for example by anchoring inflation expectations.
  • Today’s debate on your draft resolution is crucial in both these aspects.
  • Let me start by briefly outlining our assessment of the euro area economy, as discussed by the Governing Council earlier this month.
  • As an anchor of stability, the euro has advanced European integration and strengthened the Single Market’s role in driving growth.
  • The euro has also become a binding symbol and integral part of our shared European identity, as its popularity shows.
  • The ECB is playing its part, notably by ensuring European banking supervision is effective and consistent.
  • As also advocated in your draft resolution, the ECB stands ready to agree on a formalisation, in writing, of the current accountability practices between the ECB and the European Parliament.
  • The ECB has made a proposal to the European Parliament and looks forward to finalising an agreement between our two institutions.
  • Lagarde, C. (2022), “A new global map: European resilience in a changing world”, keynote speech at the Peterson Institute for International Economics, 22 April.
  • ECB (2021) “Eurosystem reply to the Communication from the European Commission “The EU economy after COVID-19: implications for economic governance” of 19 October 2021”, 1 December.

IWBI Launches the WELL Equity Rating to Advance Organizations and Places Where “Everyone Feels Welcome, Seen and Heard”

Retrieved on: 
Wednesday, November 30, 2022
Construction & Property, Human Resources, Professional Services, Building Systems, Alternative Energy, Energy, DEI (Diversity, Equity and Inclusion), Health, General Health, DE, Farkle, Shaw Industries, WELL, DEI, NEO, Forestry, Organization, ESG, Surgeon General of the United States, Conference, Social impact, Elliott District Community Government Council, International Institute for Environment and Development, Development finance institution, DOES, State University of New York at Purchase, International, Partnership for a Healthier America, Health, Environmental science, Sustainability, Inclusion, AHA, SIG, Certification, ESF, Capital, S, Health equity, AP, S&P Global, Disease, Innovation, Shaw, Research, Culture, GBH, State University of New York College of Environmental Science and Forestry, Community, EQUITY, Hope, Management, Renewable energy, Risk management

With the help of the Health Equity and WELL Concept Advisories, IWBI also developed new beta features and parts to strengthen the new offering.

Key Points: 
  • With the help of the Health Equity and WELL Concept Advisories, IWBI also developed new beta features and parts to strengthen the new offering.
  • This new designation will add to the suite of IWBI offerings that includes the WELL Health-Safety Rating and the WELL Performance Rating.
  • Each rating can be earned as a stand-alone designation or milestone toward a place-based WELL Certification or an organizations WELL Score.
  • In September, IWBIs Governance Council , the leadership body tasked with upholding the integrity of WELL through rigorous standard development criteria, unanimously ratified the WELL Equity Rating.

Crypto Exchange AQX Joins Klaytn's Governance Council

Retrieved on: 
Wednesday, June 22, 2022
People, Industry, Cryptocurrency, Blockchain, Elliott District Community Government Council, Growth, Electronics, Council, Ecosystem, Celltrion, Union Bank, Partnership, LG Electronics, Organization, GLOBE, Renewable energy, Network equipment

Klaytns Governance Council is an alliance of multinational businesses and organizations, responsible for the platforms governance, consensus node operation, and ecosystem growth.

Key Points: 
  • Klaytns Governance Council is an alliance of multinational businesses and organizations, responsible for the platforms governance, consensus node operation, and ecosystem growth.
  • AQX will be in good company as the Council already includes prestigious brands across numerous industries.
  • By joining Klaytn's Governance Council, AQX pledges its efforts to support Klaytn in the growth of its platform and ecosystem, and to drive global adoption.
  • Being accepted as a member of the Klaytn Governance Council is also a testament to the project's reliability and long-term potential.