News


Netherlands Targets €50bn DSL Issuance in 2026, Lowers Minimum Average Maturity

Netherlands Targets €50bn DSL Issuance in 2026, Lowers Minimum Average Maturity

By Marta Vilar – MADRID (Econostream) – The Dutch State Treasury Agency plans to raise around €50bn in Dutch State Loans (DSLs) in 2026, while beginning to shorten the target minimum average maturity of its debt portfolio under a newly adopted debt management framework, according to its Outlook 2026, published on Friday.

12 December 2025
ECB Tone Meter Update: Governing Council Tone Rises Above 0 for First Time This Cycle, Entering Marginally Hawkish Territory

ECB Tone Meter Update: Governing Council Tone Rises Above 0 for First Time This Cycle, Entering Marginally Hawkish Territory

By Marta Vilar – MADRID (Econostream) – The ECB’s Governing Council’s tone in the ECB Tone Meter moved above 0 on Wednesday for the first time this cycle, following comments from an Executive Board member who opened the door to an interest rate hike as the next move and a shift by several previously dovish Council members who now explicitly support holding rates steady in December.

10 December 2025
ECB’s Villeroy: Wise to Keep Rates Steady, No Reason to Expect Hike in Near Term

ECB’s Villeroy: Wise to Keep Rates Steady, No Reason to Expect Hike in Near Term

By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Wednesday that it would likely be “wise” to keep interest rates at their current levels for now while maintaining flexibility, adding that there was no reason to a expect a hike in the near future.

10 December 2025
ECB’s Šimkus: No Need for Further Rate Cuts as Economy Proves Resilient

ECB’s Šimkus: No Need for Further Rate Cuts as Economy Proves Resilient

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gediminas Šimkus said Wednesday that ECB interest rates don’t need to be lowered further, pointing to stronger-than-expected economic activity and inflation close to the ECB’s medium-term target.

10 December 2025
ECB Insight: Where Lane Defends Doctrine, Schnabel Applies It, and the Result Is Hawkish

ECB Insight: Where Lane Defends Doctrine, Schnabel Applies It, and the Result Is Hawkish

By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel’s latest intervention does not mark a new “turn” so much as the clearest consolidation of a line she has been following for months: small, forecast-based undershoots of 2% can be tolerated, while the real dangers still run to the upside.

9 December 2025
ECB’s Nagel Sees AI as Both Analytical Tool and Emerging Macroeconomic Force

ECB’s Nagel Sees AI as Both Analytical Tool and Emerging Macroeconomic Force

By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel on Tuesday underscored both the opportunities and challenges posed by rapid advances in artificial intelligence, arguing that central banks must embrace the technology while remaining anchored in their public mandates.

9 December 2025
ECB Insight: Institutional Discipline, Not Hawkishness, Defines Rehn’s Message

ECB Insight: Institutional Discipline, Not Hawkishness, Defines Rehn’s Message

By David Barwick – FRANKFURT (Econostream) – What stood out in our interview published today with European Central Bank Governing Council member Olli Rehn was not a call for action, but the conspicuous lack of one — a shift in emphasis that, from a policymaker previously among the quickest to flag downside risks, might register as an uncharacteristically firm stance.

8 December 2025