The digital euro could see the light of day in October 2025. In the meantime, authorities are focused on two key issues: privacy and holding limits.
A second report published by the European Central Bank (ECB) details the progress of the “preparatory stage of the issuance of the digital euro.”
Of…
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European Central Bank
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…
Eurozone inflation reached 1.7 % in September
Eurozone inflation for the month of September, which stood at 1.7 %, was the lowest since April 2021, according to Eurostat.
The inflation rate slowed by half a percentage point compared to the 2.2 % rise in prices for the month of August.…
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…
ECB foresees increase in inflation in the Eurozone
During the first month of the year, inflation in the Eurozone has increased by 0.1 %, so the European Central Bank expects the trend to continue in the coming months.
The ECB published this Friday in a press release: “Inflation…
ECB will begin preparation phase for the digital euro
This Wednesday, the European Central Bank announced the start of the test phase for a possible digital euro starting next November 1.
Members of the ECB council indicated that with this preparation phase, aspects such as the necessary…
ECB will update the design of euro banknotes
This August 31 closes the period open to the public by the European Central Bank to make proposals on the reasons that could include the euro banknotes that will enter circulation in 2026.
The ECB has collected thousands of proposals…
Most Germans are skeptical about the creation of the digital euro
The majority of citizens in Germany are skeptical of the plans of the European Central Bank (ECB) to create the digital euro and consider that it is not necessary, according to a survey released this Saturday.
76 % of the people who…
Central banks return to the frequency of dollar injections prior to the Credit Suisse crisis
The Bank of England, the Bank of Japan, the European Central Bank (ECB) and the Swiss National Bank, in consultation with the United States Federal Reserve (Fed), jointly decided to reverse the frequency of their operations to inject dollar…
The ECB raises interest rates to control inflation
The European Central Bank (ECB) announced a half percentage point increase in the interest rate, raising it from 2.5 % to 3.0 % on average for deposit returns.
In a press release, the ECB explained that the increase will be reflected in…
Credit Suisse collapses on the stock market and asks the BCS for support
The negative effects of the bankruptcy of Silicon Valley Bank in the United States reached Europe. This Wednesday, Credit Suisse suffered a collapse of shares on the stock market and has requested a rescue from the Swiss Central Bank.…
ECB will study the response of banks to cyberattacks
The head of supervision of the European Central Bank, Andrea Enria, recently stated that the entity carried out a measurement of the response capacity of banks to cyberattacks.
Since the beginning of the war between Russia and Ukraine, the…