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Added on the 23/01/2020 15:37:26 - Copyright : AFPTV - First images
The European Central Bank is "very attentive" to economic risks posed by the conflict between Israel and Palestinian militant group Hamas, ECB president Christine Lagarde says after a meeting held exceptionally in Athens. Referring to the crisis in the Middle East as well as the war in Ukraine, she says: "We are monitoring the situation, we are very attentive to the economic consequences that that could have, whether in terms of direct or indirect impact on energy prices, or the level of confidence that economic actors will continue to display." SOUNDBITE
Kosovo and Serbia's leaders visit Brussels for talks with their European counterparts on calming tensions, with Aleksandar Vucic, president of Serbia, Kosovo Prime Minister Albin Kurti arriving for a meeting with European Council President Charles Michel, French President Emmanuel Macron and German Chancellor Olaf Scholz. The talks come just days after an European Union envoy, as well as diplomats from the United States, France, Germany and Italy visited both Belgrade and Pristina, for top-level talks over the issue. IMAGES
The economic outlook in the eurozone has "deteriorated", European Central Bank President Christine Lagarde warns after the institution implemented a fresh interest rate hike to tame inflation. SOUNDBITE of Christine Lagarde
European Central Bank President Christine Lagarde warns that the eurozone could fall into recession next year in the case of a total shutdown of Russian gas supplies. The "downside scenario" for 2023 foresees negative growth in the case of a "total shutdown of all Russian gas supply" and energy rationing in the eurozone, she said, after the ECB unleashed a record rate hike. SOUNDBITE
The European Central Bank unveils a new crisis-fighting tool to keep the borrowing costs of indebted eurozone governments like Italy under control as interest rates rise for the first time in a decade. Dubbed the "Transmission Protection Instrument (TPI)", the targeted bond-buying scheme "can be activated to counter unwarranted, disorderly market dynamics that pose a serious threat to the transmission of monetary policy across the euro area," says ECB President Christine Lagarde. SOUNDBITE by Christine Lagarde, President of the ECB
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