European Central Bank
Cipollone: Digital euro strengthens banks, ensures sovereignty
Piero Cipollone, Member of the Executive Board of the European Central Bank, highlighted the digital euro's potential to strengthen banks' customer relationships and ensure European payment sovereignty.
Focus
Depositor shifts boost bank market power, curb rate pass-through
An ECB working paper finds that rate-sensitive depositors increasingly switched to higher-yielding products between 2007 and 2024.
CESEE bank branch network shrinks over 30 percent by 2021
An ECB Working Paper reveals that bank branch networks in ten Central, Eastern, and Southeastern European (CESEE) countries declined by over 30 percent between 2013 and 2021.
Latest
Trade tensions reduce bank loan supply, dampen demand
Euro area banks have adjusted their lending policies in response to rising global trade tensions since 2025.
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.
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.
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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.
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.
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.