ECB Annual Report 2019

Summary:

The Annual Report describes the tasks and activities of the European System of Central Banks (ESCB) and reports on the Eurosystem’s monetary policy. It is usually published in April of the following year and is presented by one of the ECB’s Executive Board members to the European Parliament at a public hearing.

Further information:

This year's remarks relate to the ECB’s activities in 2019 and were finalised before the global coronavirus (COVID-19) pandemic. The economic situation and the ECB’s policy actions evolved substantially since that point. The European Parliament's relevant committee adopted an Own-Initiative Report concerning this document in December 2020. The report was discussed at the plenary session in February 2021.

Official

European Central Bank: Publications: Annual Reports https://www.ecb.europa.eu/pub/annual/html/index.en.html

European Central Bank: Presentation of the ECB Annual Report 2019 to the Committee on Economic and Monetary Affairs of the European Parliament (by videoconference - 7 May 2020) https://www.ecb.europa.eu/press/key/date/2020/html/ecb.sp200507~576464bc66.en.html

European Parliament: Legislative Observatory: Procedure File for Resolution on European Central Bank – annual report 2020 (2020/2123(INI)) https://oeil.secure.europarl.europa.eu/oeil/popups/ficheprocedure.do?lang=en&reference=2020/2123(INI)

European Parliament: Press Release, 10/02/2021: MEPs call on ECB to prepare for looming economic difficulties https://www.europarl.europa.eu/news/en/press-room/20210204IPR97112/

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Commentary and Analysis

EPRS: At a Glance, February 2021: European Central Bank annual report – 2020 https://www.europarl.europa.eu/thinktank/en/document.html?reference=EPRS_ATA(2021)679070

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