The European Central Bank and euro zone national central banks will publish in their first detailed 'carbon footprints' in the coming days, figures that will show the environmental impact of years of crisis-fighting efforts.
The ECB and the 20 countries that use the single European currency have spent trillions of euros during years of rolling crises buying bonds, including those of companies that are heavy polluters.
Carbon footprints measure the amount of carbon dioxide released into the atmosphere as a result of everyday activities.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ECB’s Wunsch: Need time to assess full impact of the recent turmoilNational Bank of Belgium Governor and European Central Bank (ECB) Governing Council member Pierre Wunsch, said on Wednesday that the central bank will
Read more »
ECB's de Cos: Market expectations of a 3.25% rate peak cannot be validatedEuropean Central Bank’s (ECB) policymaker and Spanish central bank head Pablo Hernandez de Cos said on Tuesday, “market expectations of a 3.25% rate p
Read more »
European bank shares rally, bonds battered after Credit Suisse debt wipeoutEuropean bank shares rose from four-month lows on Monday, following the state-backed rescue of Credit Suisse by UBS , while bank bonds remained under pressure after the merger deal wiped out some bondholders.
Read more »
European bank supervisors step in to stem rout in bondsEuropean supervisors tried to stop a rout in the market for convertible bank bonds on Monday, saying owners of this type of debt would only suffer losses after shareholders have been wiped out - unlike what happened at Credit Suisse .
Read more »
Credit Suisse shares soar after central bank offers lifelineCredit Suisse shares surged after the Swiss central bank agreed to loan the bank up to 50 billion francs ($54 billion) to bolster confidence in the country’s second-biggest lender following the collapse of two U.S. banks.
Read more »
Sen. Mike Lee blames central bank for inflation, says 'End the Fed'Sen. Mike Lee aired his grievances about the Federal Reserve over the weekend, saying the central bank is to blame for inflation and questioned its role in monetary policy.
Read more »