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Image header Agence Europe
Europe Daily Bulletin No. 12767
Contents Publication in full By article 16 / 25
ECONOMY - FINANCE / Ecb

Frankfurt-based institute specifies evolution of its monetary policy, in particular forward guidance on its key rates

The Governing Council of the European Central Bank (ECB) on Thursday 22 July clarified its monetary policy stance after unveiling its new strategy, which includes a symmetric inflation target of 2% (see EUROPE B12758A1).

In particular, it revised its forward guidance to underline its commitment to maintaining a permanently accommodative monetary policy stance in order to achieve its inflation objective.

In its press release, the ECB thus expects its key interest rates to remain at their...

Contents

EXTERNAL ACTION
UNITED KINGDOM: Ursula von der Leyen rejects Boris Johnson’s request to renegotiate Protocol on Ireland/Northern Ireland
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
FUNDAMENTAL RIGHTS: Viktor Orbán announces referendum on Hungarian discriminatory law condemned by EU
SECTORAL POLICIES
ENERGY: Nord Stream 2 , European Commission takes note of agreement between Germany and US
ENERGY: European energy regulators provide their recommendations for combatting methane leakage
ENERGY: IEA expects record CO2 emissions in 2023
AGRICULTURE: EU Member States expected to confirm their agreement on consolidated texts reforming CAP on Friday, 23 July
BIODIVERSITY: EU must take lead in strengthening draft UN text for COP15, say EU-27 environment ministers
HEALTH: Council’s position on regulations on cross-border health threats and ECDC mandate to be validated
JUSTICE: Member States green-light installing e-CODEX computer system in Tallinn
JUSTICE: European Commission wants to upgrade digital company law
SPACE: France and Germany agree to guarantee European preference in space launchers
EU RESPONSE TO COVID-19
WTO: Covid-19, WTO publishes list of trade measures to facilitate production and distribution of critical products
TRANSPORT: Covid certificate, European Commission publishes new guidelines to streamline airport checks and controls
RESEARCH: European Commission provides €120 million to support 11 research projects on coronavirus and its variants
COHESION: REACT-EU, European Commission approves new funds for four Member States
ECONOMY - FINANCE
ECB: Frankfurt-based institute specifies evolution of its monetary policy, in particular forward guidance on its key rates
ECOFIN: EU Council to endorse four more national recovery plans
COMPETITION: public consultation on revision of Short-Term Export-Credit Insurance Communication
NEWS BRIEFS
FOREIGN AFFAIRS: convening of an extraordinary ministerial meeting at end of July by Mr Borrell is not excluded
TRADE: France and Germany want to protect European businesses in view of Carbon Border Adjustment Mechanism
FUNDAMENTAL RIGHTS: Poland condemned again by ECHR for its judicial reform
ENVIRONMENT: European Commission consultation to make legislation more effective at protecting marine environment
DIGITAL: EU lags behind US in business digitalisation
PERU: EU welcomes victory of President-elect Pedro Castillo
HEALTH: just over half of adults in EU are considered overweight, says Eurostat