By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Tuesday that the tightening of financial conditions was already affecting inflation.
19 May 2026
– European Central Bank Governing Council member Joachim Nagel said on Tuesday that the economic outlook was moving away from...
– European Central Bank Chief Economist Philip Lane said Tuesday that the judgment incorporated into ECB staff projections...
– European Central Bank Governing Council member Gabriel Makhlouf said in a speech that Europe’s Savings and Investments...
– Former European Central Bank Governing Council member Klaas Knot on Monday said economic fragmentation required monetary...
By David Barwick and Marta Vilar – FRANKFURT (Econostream) – Following is the transcript of the interview conducted by Econostream on 11 May 2026 with Martin Kocher, Governor of the Austrian National Bank and member of the Governing Council of the European Central Bank:
13 May 2026
By Marta Vilar and David Barwick – FRANKFURT (Econostream) – A European Central Bank interest rate hike should not be considered the baseline for June, although keeping rates unchanged through year-end would be difficult if price developments failed to improve, according to ECB Governing Council member Martin Kocher.
13 May 2026
By Marta Vilar – MADRID (Econostream) – Following is the full transcript of the interview conducted by Econostream on 6 May 2026 with Rasa Kavolytè, Director of State Treasury Department of the Ministry of Finance of the Republic of Lithuania.
6 May 2026
Rasa Kavolytė, Director of Lithuanian Treasury: Still have up to €2.5 billion to raise via syndications in 2026
Kavolytė: We prefer launching new benchmarks in syndicated transactions
Kavolytė: Investor demand strongest in the belly of the curve
Kavolytė: No green bond issuance planned in the near term
Kavolytė: No current plans to target institutional investors with defense bonds
Kavolytė: Lithuania not planning to extend defense bond program to longer maturities
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Tuesday that the tightening of financial conditions was already affecting inflation.
19 May 2026
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Tuesday that the economic outlook was moving away from the ECB’s baseline scenario and that the central bank might need to act.
19 May 2026
By Marta Vilar – MADRID (Econostream) – European Central Bank Chief Economist Philip Lane said Tuesday that the judgment incorporated into ECB staff projections was not arbitrary and generally helped steer the forecasts in the right direction.
19 May 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf said in a speech that Europe’s Savings and Investments Union would not deliver the productivity gains the bloc needed unless the Single Market itself functioned properly across goods, services and capital.
19 May 2026
By Laura Contemori – ROME (Econostream) – The State Treasury of the Republic of Finland sold €1.50 billion of government bonds on Tuesday across two lines, increasing the outstanding amount of the 2030 and 2041 benchmarks.
19 May 2026
By Laura Contemori – ROME (Econostream) – The German Finance Agency (Finanzagentur) allotted €3.844 billion of the 2.50% five-year Federal note (Bobl) due April 16, 2031 on Tuesday at a reopening auction.
19 May 2026
By Laura Contemori – ROME (Econostream) – The UK Debt Management Office (DMO) on Tuesday allotted £1.25 billion of 0⅛% Index-Linked Treasury Gilt 2031.
19 May 2026
By Laura Contemori – ROME (Econostream) – The German Finance Agency (Finanzagentur) on Monday allotted €3.893 billion via the reopening of two Bubill lines.
18 May 2026
As of 19 May 2026
By Marta Vilar – MADRID (Econostream) – Econostream’s ECB Tone Meter fluctuated within slightly hawkish territory this week for the Governing Council, ultimately remaining broadly unchanged and ending just a touch more hawkish than last week, while the Executive Board edged more clearly lower but also stayed slightly hawkish.
15 May 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Chief Economist Philip Lane’s speech late Wednesday on energy supply shocks will come across to some as another building block in the case for a June rate hike. It is, however, more cautious than that: it takes the framework ECB President Christine Lagarde laid out in March and shows why June’s policy decision remains an open question.
14 May 2026
By David Barwick – FRANKFURT (Econostream) – We wouldn’t claim that European Central Bank Governing Council member Martin Kocher sounded on balance like a dove in our just-published interview with him, but to the extent he reflects the current thinking of Council hawks, the case for a June hike may still hang in the balance.
13 May 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde has not undone the hawkish signal of April 30, when she suggested that “directionally, I know where we're heading.” Still, she has made clearer that June 11 may be more open than markets believed.
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By Marta Vilar – MADRID (Econostream) – Econostream’s ECB Tone Meter moved further into hawkish territory this week, with both the Governing Council and Executive Board indices penetrating deeper into the slightly hawkish range between +0.5 and +2.5.
8 May 2026