Examples of ECB in a sentence
This is in stark contrast to the lightning-fast establishment of the European Banking Union (EBU), which provides that the ‘significant’ banks within the participating Member States24 are placed under the direct prudential supervision of the European Central Bank (ECB) in Frankfurt (first pillar) and that, if these banks fail, they are, in principle, also resolved in an orderly manner at European level by the Single Resolution Board (SRB) in Brussels (second pillar).
The Member States and the EU cannot go on providing capital indefinitely to the corporate sector (since the burden of this lending will fall on future generations), just as the ECB and the national central banks cannot go on buying government bonds indefinitely, especially if inflation continues to rise.
Interest rates continue rising despite buy-ups in the ECB pro- gramme) FD 13 March 2021, p 47.banks and resold to the ECB and the national central banks.
Such recognition will depend upon the ECB being satisfied that Eurosystem eligibility criteria have been met.
In unreported regressions, we also include the Composite Indicator of Systemic Stress (CISS) provided by the ECB.