The president of the European Central Bank (ECB), Christine Lagarde, spoke again about her retirement from leading the regional institution in 2027, although she did not give details about the date of the end of her term, which is expected to be in October.
Lagarde's departure is considered…
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European Central Bank
ECB to carry a digital Euro pilot in 2027
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…
ECB to implement measures if inflation continues to rise in the region
The current scenario in the energy sector, with high prices and shortages, has led the European Central Bank to take a more serious stance regarding possible measures if inflation in the region continues to rise.
Currently, there is…
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…
ECB recommends keeping cash as an emergency alternative
In the face of a power emergency, shopping and payments become a headache. As an alternative that provides peace of mind and security to the population, the European Central Bank (ECB) has recommended keeping some cash.
This suggestion, in…
Digital euro could be ready by 2029
The European Central Bank (ECB) revealed a few days ago that the specific timeline for the creation of the digital euro is already underway, with its launch potentially occurring in 2029.
This was stated by Piero Cipollone, member of the…
ECB accelerates development of the digital euro
Transforming euro banknotes into digital format is not a new idea. However, there are currently compelling reasons that are leading the European Central Bank (ECB) to accelerate the process toward a solution that safeguards the region's…
The ECB launches a competition for the design of future euro banknotes
The European Union hopes to have the new design of the euro ready before the end of 2026. In this process of change, which has already begun, the European Central Bank (ECB) launched a competition to the public for submissions of ideas.
It…
ECB launches platform for the use of digital euro
The European Central Bank unveiled its new platform for payments using the digital euro. Around 70 entities are participating in the initiative, including banks, fintechs, startups, and payment service providers.
The ECB had been working…
Digital euro developments focus on privacy and holding limits
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…
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…