Yves Mersch
Libra's Cryptocurrency to Undercut the ECB's Powers?
The widespread adoption of Facebook's Libra cryptocurrency may undermine the ability of the European Central Bank (ECB) to determine monetary policy, a potential risk for the currency bloc. This was stated today by ECB board member Yves Mersch, quoted by Reuters.
ECB 'still has ammunition' to boost eurozone: board member
Financial markets may have been disappointed by the European Central Bank's latest round of policy moves, but it still has other measures up its sleeve to boost recovery in the euro area, executive board member Yves Mersch said.
"As the Gauls say, if the sky doesn't fall in, we still have other ammunition we can use," Mersch told journalists at a dinner late on Dec. 9.
ECB's Mersch says euro membership is irreversible
Membership of the eurozone is irreversible and leaving the single currency is not foreseen in the European Union?s treaty, a top European Central Bank official said on Tuesday.
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ECB said to raise Greece's ELA ceiling by most since February
By Karl Stagno Navarra, Christos Ziotis & Alessandro Speciale
The European Central Bank raised the level of emergency cash available to Greek banks by 2.3 billion euros ($2.6 billion), people familiar with the decision said.
Mersch says Draghi comments reflect Trichet’s 'strong vigilance’
The European Central Bank has indicated that it is close to easing monetary policy in June, according to Executive Board member Yves Mersch.
ECB President Mario Draghis comment on May 8 that officials are comfortable with taking action next month is similar to the policy signals given by his predecessor, Jean- Claude Trichet, Mersch said at an event in Berlin.