ECB Insight: Six Seats, Many Stakes: Who Will Sit on the Executive Board in 2028?
- Our call (part 3): Knot to replace Lagarde; Bénassy-Quéré to be next chief economist
19 November 2025
News
ECB’s de Guindos Says Top-Down Stress Tests Reveal Vulnerabilities Beyond EU-Wide Exercise
By David Barwick – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos said Wednesday that while the 2025 EU-wide stress test confirmed banks’ resilience, broader top-down analyses uncovered pockets of vulnerability that support a cautious stance on capital buffers.
19 November 2025
ECB’s Stournaras Says Price Stability Must Remain Firm Core of Evolving Central Bank Mandates
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Tuesday said central banks must keep price stability at the heart of their mandates even as they adapt to structural changes, arguing that credibility built over decades remains essential to navigating shocks.
18 November 2025
ECB’s Cipollone Says Digital Euro Needed to Safeguard Autonomy, Extend Cash Benefits to Online Payments
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Piero Cipollone said Monday that the digital euro is essential to preserving monetary sovereignty and ensuring that central bank money remains usable in an increasingly digital economy.
17 November 2025
Ireland’s Central Bank Warns of Elevated Global Risks Despite Domestic Resilience
By David Barwick – DUBLIN (Econostream) – Ireland faces a challenging global environment marked by elevated financial stability risks, even as domestic households, businesses and banks remain broadly resilient, the Central Bank of Ireland (CBI) said Monday in its Financial Stability Review 2025:II.
17 November 2025
ECB’s Makhlouf: “Very Comfortable with Where We Are;” "Open-Minded" on Next Step
By David Barwick – DUBLIN (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Monday said that he was content with the ECB’s current monetary policy stance and open to whatever rate path developments dictated.
17 November 2025
ECB’s Sleijpen: Projections and Incoming Data Provide No Case for Rate Move
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Olaf Sleijpen said on Monday that, based on the ECB’s latest projections and the information gathered since September, there was no justification for adjusting interest rates.
17 November 2025
ECB’s de Guindos: Low Growth Still a Concern, Though Environment Has Improved
By Marta Vilar – MADRID (Econostream) – European Central Bank Vice President Luis de Guindos said on Monday that although the ECB remained concerned about sluggish economic growth, the broader macroeconomic backdrop had improved compared with last year.
17 November 2025
ECB’s Rehn: Shouldn’t Underestimate Risk of Inflation Becoming Too Low
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Olli Rehn on Saturday said that there remained a risk of euro area inflation again becoming too low.
15 November 2025
ECB Insight: The Race for de Guindos’ Seat Begins with Centeno Quietly Making His Availability Known
ECB Insight: The Race for de Guindos’ Seat Begins with Centeno Quietly Making His Availability Known
13 November 2025
Transcript: Interview with ESM Head of Funding Jun Dumolard on 30 October
By Marta Vilar – MADRID (Econostream) – Following is the full transcript of the interview conducted by Econostream on 30 October 2025 with Jun Dumolard, Head of Funding and Investor Relations at the European Stability Mechanism.
13 November 2025
Exclusive: ESM Head of Funding: We Pay Attention to Investor Interest in Longer-Dated Bonds
By Marta Vilar – MADRID (Econostream) – The European Stability Mechanism is aware of some investor interest in longer-maturity bonds and would “pay attention” to that demand, according to Jun Dumolard, Head of Funding and Investor Relations at the ESM.
13 November 2025
ECB’s Nagel Warns of AI-Driven Market Risks, Cautions Against Deregulation
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel said in an interview published Thursday that extreme optimism around artificial intelligence technology had created concentration risks in equity markets and that valuations could fall sharply.
13 November 2025
ECB Insight: From Doctrinaire to Data-Driven – Austria’s New Tone in ECB Policy
By David Barwick – FRANKFURT (Econostream) – If it wasn’t evident previously, it is now: Martin Kocher’s arrival at the European Central Bank’s Governing Council marks a clear stylistic and substantive departure from his predecessor, Robert Holzmann.
12 November 2025
ECB’s Villeroy: French Economy Fairly Resilient, 2026 Growth Seen Reaching “At Least” 0.9%
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Wednesday that the French economy remained “fairly resilient” and that growth in 2026 should reach “at least” 0.9%.
12 November 2025
ECB’s Schnabel: Must Remain “Relaxed” Unless “Big Shock” Triggers Sustained Deviation
By Marta Vilar – MADRID (Econostream) – European Central Bank Executive Board member Isabel Schnabel said on Wednesday that the ECB should remain “relaxed” unless a “big shock” were to trigger a sustained deviation from its medium-term inflation goal.
12 November 2025
Transcript: Interview with ECB Governing Council member Kocher on 07 November 2025
By David Barwick – VIENNA (Econostream) – Following is the full transcript of the interview conducted by Econostream on 07 November with Martin Kocher, Governor of the Austrian National Bank and member of the Governing Council of the European Central Bank:
12 November 2025
Exclusive: ECB’s Kocher: “Given Recent Data, a Somewhat Stronger Growth Outlook Is Not Impossible”
By David Barwick – VIENNA (Econostream) – Economic growth in the euro area could prove somewhat better than current projections, given the improvement seen in the latest data, according to European Central Bank Governing Council member Martin Kocher.
12 November 2025
ECB’s Scicluna: “If We’re Close to the 2% Target, Why Mess up?”
By David Barwick – TIRANA (Econostream) – European Central Bank Governing Council member Edward Scicluna on Tuesday suggested that changing interest rates in the current, relatively balanced policy environment would amount to tempting fate.
11 November 2025
ECB’s Escrivá: Reality Keeps Proving Forecasts Wrong, Whether That Continues Remains to Be Seen
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Tuesday that reality kept proving pessimistic forecasts wrong, but it was yet to know if that would continue to be the case.
11 November 2025