Inflation definition of the ECB: Exploding housing costs need attention

Lately, rents and residential real estate prices in most areas have known only one direction: steeply upwards. But while citizens groan under the exploding costs, officials at the ECB have paradoxically been complaining about too low rates of inflation for a long time, writes Sven Giegold. This is in part because housing costs have so far played only…

Calls for ECB to Combat Financial Crimes

MEPs on Wednesday asked the European Central Bank to step up its green credentials and address growing financial technology challenges. The resolution, setting out Parliament’s priorities on the European Central Bank‘s (ECB) future policies, spearheaded by Kostas Mavrides (S&D, CY), was approved on Wednesday by 452 votes in favour, 142 against and 33 abstentions following…