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ECB’s Stournaras: Trump Leads World to Question Dollar’s Safety; Euro Must Step up

ECB’s Stournaras: Trump Leads World to Question Dollar’s Safety; Euro Must Step up

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Thursday said that US President Donald Trump had made the global monetary framework so uncertain that the dollar’s safe-haven function was being called into question, creating an opportunity for the euro to become more important.

22 May 2025
ECB’s Centeno: May Have to Go Below Neutral Rate

ECB’s Centeno: May Have to Go Below Neutral Rate

By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Mário Centeno said on Wednesday that the ECB could need to cut interest rates below what he considered to be the neutral rate.

21 May 2025
Exclusive: Estonian DMO Head: Increased Defence Spending Could Lead to Higher Issuance, Long-Term Bond Comeback

Exclusive: Estonian DMO Head: Increased Defence Spending Could Lead to Higher Issuance, Long-Term Bond Comeback

- Janno Luurmees, Head of Estonia’s State Treasury Department: ‘We anticipate another Treasury bill auction in 2H25’
- Luurmees: Increasing defence spending may lead to higher issuance in 2H25
- Luurmees: Higher defence spending ‘could bring long-term issuance back to consideration’
- Luurmees: Might pre-finance part of 2026 budget if market conditions favourable
- Luurmees: ‘We are far from any kind of debt spiral’
- Luurmees: Currently no decisions made about future retail issuances
- Luurmees: ‘We have no plans to issue green bonds at this stage’

19 May 2025