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 considerable concern and mistrust due to rising fuel prices,…
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European Central Bank
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…
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…