Amid geopolitical shifts Piero Cipollone argues Europe needs to further develop the infrastructure for making crossborder payments in euro with key partners
Why Europe must safeguard its global currency status Read More »
Bulgaria meets all the nominal convergence criteria, except the one of inflation. Dimitar Radev examines the benefits in joining the eurozone as quickly as possible
Bulgaria’s full integration into the eurozone: when? Read More »
Innovative, integrated and independent retail payments are crucial components of our monetary system. As payments transition into the digital era, Piero Cipollone discusses taking the Single Euro Payments Area to the next level
Innovation, integration and independence Read More »
Failure to meet the Paris climate goals poses economic challenges that have an impact on central banks’ work, argues Frank Elderson. To avoid long-term policy mistakes, policymakers must address the resulting structural changes
“Know thyself” – avoiding policy mistakes in light of the prevailing climate science Read More »
Christine Lagarde outlines what needs to be done to become sufficiently confident to start dialling back the ECB’s restrictive policy stance
Building confidence in the path ahead Read More »
Isabel Schnabel emphasises the euro area’s strengths in social protection and environmental initiatives, and advocates measure to close the euro area’s technology gap
From laggard to leader? Closing the euro area’s technology gap Read More »
The ECB’s Governing Council has decided to proceed with the ‘preparation phase’. Ulrich Bindseil, Piero Cipollone and Jürgen Schaaf focus on the debate around the impact of a digital euro on bank funding
Demystifying fears about bank disintermediation Read More »
A two-tier system of reserve requirements is needed to reduce the size of transfers to banks. Paul De Grauwe and Yuemei Ji answer their critics
Fighting inflation fairly and effectively Read More »
The payments system is being transformed. Piero Cipollone argues that central banks need to be at the vanguard of digital transformation to ensure financial stability
Modernising finance: the role of central bank money Read More »
Unremunerated reserves in the Eurosystem. Robert McCauley and Julien Pinter argue that imposing unremunerated reserves on euro area banks would likely push bank intermediation offshore out of the euro area
Tax incidence and deposit relocation risks Read More »
