The European Central Bank (ECB) has selected 36 banks in the Eurozone as payment service providers to participate in the digital euro pilot program in 2027.
The objective is to conduct tests to verify the functionality and operational processes of the region's digital currency through practical…
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Christine Lagarde
The EU needs a payment system independent of Mastercard and Visa
Payments, transfers, and other transactions in euros within the European Union are carried out using Mastercard and Visa. As a response to eliminate dependence on these intermediaries, the European Central Bank has implemented the Wero…
Christine Lagarde proposes reinforcing the euro against the weakness of the US dollar
The US dollar appears to be struggling in the global market. Given this decline in the most widely used currency in international trade, the President of the European Central Bank, Christine Lagarde, urged the bloc's governments to…
European Central Bank cuts interest rates to 3.25 %
The European Central Bank (ECB) decided to cut interest rates this month by 25 basis points, to set the reference rate at 3.25 %.
This is the third adjustment by the European body, announced by the ECB Governing Council at a meeting in…
ECB applies a cut in interest rates of 25 basis points
The European Central Bank (ECB) applied a cut in interest rates of 25 basis points; the first since 2019, according to the director of the entity, Christine Lagarde.
The rate cut comes after a nine-month period of the highest levels in the…
Energy prices impact European inflation
Christine Lagarde, president of the European Central Bank (ECB) stressed that an increase in interest rates will not impact the reduction in energy prices, which are responsible for 50 % of the increase in inflation on the continent.
The…
Lagarde warns of financial risks due to cyber attacks
Christine Lagarde, president of the European Central Bank (ECB) warned about the risks to which the stability of the financial system is subjected due to cyber attacks. Although, so far, there has been no incident that affects the financial…
European Central Bank to redesign euro banknotes
The European Central Bank (ECB) reported that it plans to invite the population to participate in the redesign of the euro banknotes in a process that is projected to culminate in 2024 with the acceptance of a final proposal.
In the words…
Lagarde says inflation will persist in 2022
The president of the European Central Bank (ECB), Christine Lagarde, insisted, in the European Parliament, that the conditions for raising interest rates will not be met in 2022, despite the fact that inflation will fall more slowly than…
ECB rates bitcoin as a speculative asset
In an online event, the president of the European Central Bank, Christine Lagarde, reported that bitcoin has a high level of speculation and needs to be regulated.
At the Reuters Next conference, Lagarde reported that the popular…