After all the uncertainty which Europe endured last year, it is quite a feat that the European Central Bank’s baseline forecasts continue to predict no recession for 2023. Ultimately these expectations may prove slightly over-optimistic, but markets should acknowledge the strides made since June as the continent pushed for damage limitation from the war and supply issues.
Ample liquidity puts the ECB’s independence at risk By Ignazio Angeloni The European Central Bank’s policy orientation – a rapid series of small interest rate increases to rein in inflation – is now clear. But the consequences may hit the central bank’s independence.
MEETINGS Public sector bond market outlook 2023 Thursday 26 January, LaunchThis launch event presents the key findings of the first global sovereign, supranational and agency issuer survey from OMFIF’s Sovereign Debt Institute.
ON DEMAND EU bonds: towards sovereign status Siegfried Ruhl, hors classe adviser to the director-general for budget at the European Commission, talks with Clive Horwood, OMFIF’s managing editor and deputy CEO, about the European Union’s borrowing plans for 2023.
LATEST REPORT SPI Journal, Winter 2023 This edition of the SPI journal examines the growth of carbon markets and the use of carbon-linked bonds to drive capital for renewable energy investment.
