Monetary developments in the euro area: April 2022

Annual growth rate of broad monetary aggregate M3 decreased to 6.0% in April 2022 from 6.3% in March Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, decreased to 8.2% in April from 8.8% in March Annual growth rate of adjusted loans to households stood at 4.5% in April, unchanged from previous month Annual […]

Reynders: Hungary Elections Were in Order But Concerns Remain

The parliamentary elections in Hungary in April were conducted in order, with voters given distinct alternatives to participate in a democratic procedure, but the European Union’s concerns, especially with regard to a biased media and non-transparent campaign financing have remained, Didier Reynders, justice commissioner of the EU, said late on Monday, citing a preliminary report […]

Results of the March 2022 survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD)

Overall credit terms and conditions offered by banks to counterparties tightened slightly from December 2021 to February 2022, mostly ahead of Russia-Ukraine conflict Market participants reported mixed results for financing conditions in securities financing markets, along with slightly deteriorating credit conditions and liquidity in OTC derivatives markets Longer term, market participants reported tighter overall terms […]