European Central Bank
Digital euro vote secures privacy, strengthens EU autonomy
Piero Cipollone, Member of the Executive Board of the European Central Bank, discussed the European Parliament's strong endorsement of the digital euro.
Focus
Geoeconomic power shift fragments trade, EU must adapt
An ECB discussion paper argues that a gradual shift in geoeconomic power from the United States to China is driving fragmentation in world trade.
Tariffs shift burden, networks amplify trade war spillovers
An ECB working paper finds that a US-China tariff war generates asymmetric economic incidence, with the targeted country facing larger output contractions.
Latest
36 PSPs selected for digital euro pilot
The European Central Bank has selected 36 payment service providers from across the euro area to participate in the digital euro pilot.
Digital euro advances, issuance decision by year-end
ECB Executive Board Member Piero Cipollone stated that the digital euro project is advancing, with the European Parliament's recent approval marking a significant milestone.
Schnabel: Europe must integrate, innovate for growth
ECB Executive Board member Isabel Schnabel outlined key challenges and strategic pillars for fostering growth and resilience in Europe.
More Topics
EU carbon pricing cuts emissions and drives green M&As
A new European Central Bank working paper finds that tighter EU climate regulation led high-emission firms to cut emissions and acquire greener targets.
Low prices, variety draw euro area shoppers to Chinese e-commerce
Euro area consumers are increasingly drawn to Chinese e-commerce platforms by low prices and extensive product variety, an ECB survey finds.
Non-bank groups test EU regulatory perimeter, new oversight proposed
An ECB Occasional Paper examines how large non-bank groups providing bank-like services challenge the European Union's regulatory perimeter.
ECB upgrades models for inflation, geopolitical shocks
The European Central Bank is upgrading its economic models to better address growing uncertainty, war, and energy shocks.
ECB sees inflation risks, AI fuels market optimism
The ECB Governing Council's June 10-11 meeting account revealed persistent inflation risks from the Middle East conflict, alongside robust market optimism driven by the artificial intelligence boom.
New theory: Liquidity rules need bank size limits for efficiency
A new European Central Bank working paper proposes a general equilibrium theory where bank liquidity requirements improve incentives but are insufficient for efficient financial intermediation.