English

Transactions on the stock exchange on the last trading day of the year, usually on the morning of December 31 (New Year’s Eve). Experience shows that on this day there are conspicuous price jumps…

The quantity of goods and services (output) produced in a period and valued in money; also referred to as efficiency (output). – The increase in value, expressed in monetary units, which accrues in a…

Unless otherwise defined, the yield on top-rated bonds traded on the market, in the narrower sense of highly creditworthy government bonds, i.e. securities issued by countries which, according to reasonable economic considerations and investor…

Unless otherwise defined, the yield on top-rated bonds traded on the market, in the narrower sense of highly creditworthy government bonds, i.e. securities issued by countries which, according to reasonable economic considerations and investor…

In the financial market in general, the difference in yields on different types of debt securities. – At the ECB, this refers in particular to the difference between the yield on corporate bonds on…

A high return on any sub-market of the total financial market always reflects a higher risk. – Sometimes this principle is compared with the Pythagorean theorem (in a right triangle, the sum of the…

The change in price of a security over the specified period, including dividends, interest and capital gains accrued and reinvested during that period. In the case of shares, the time data refer to whole…

Unless otherwise defined, the number of unemployed persons in the 15-24 age group. Sometimes the age group from 25 to 29 is also included. The ECB monitors this figure because high youth unemployment also…