ECB-Monetary developments in the euro area: March 2024

April 26, 2024-- Annual growth rate of broad monetary aggregate M3 increased to 0.9% in March 2024 from 0.4% in February
Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, was -6.7% in March, compared with -7.8% in February
Annual growth rate of adjusted loans to households stood at 0.2% in March, compared with 0.3% in February
Annual growth rate of adjusted loans to non-financial corporations stood at 0.4% in March, compared with 0.3% in February

Components of the broad monetary aggregate M3

The annual growth rate of the broad monetary aggregate M3 increased to 0.9% in March 2024 from 0.4% in February, averaging 0.4% in the three months up to March. The components of M3 showed the following developments. The annual growth rate of the narrower aggregate M1, which comprises currency in circulation and overnight deposits, was-6.7% in March, compared with -7.8% in February. The annual growth rate of short-term deposits other than overnight deposits (M2-M1) decreased to 16.9% in March from 18.8% in February. The annual growth rate of marketable instruments (M3-M2) increased to 19.2% in March from 17.5% in February.

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ESMA's activities in 2024 focused on strengthening the EU capital markets and putting citizens and businesses at the heart of it

June 16, 2025-The European Securities and Markets Authority (ESMA), the EU's financial markets regulator and supervisor, has published its Annual Report for 2024. The activities conducted and results achieved in 2024 support ESMA's strategic priorities and thematic drivers- to foster stable and effective markets, strengthen supervision, and enhance retail investor protection while enabling sustainable finance and facilitating technological innovation and the use of data.

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