European Central Bank @ecb@respublicae.eu
Unofficial automated mirror. No copyright asserted. ∎ The European Central Bank is the central bank for Europe's single currency, the euro. Its main task is to maintain the euro's purchasing power.
Joined Apr 2022
Panetta: For a digital euro to be designed and adopted successfully, it must be a collective endeavour.
So we are stepping up our engagement with European institutions, banks, payment companies, merchants and society at large
5/5
Panetta: A digital euro would allow us to protect our strategic autonomy while remaining open in a world where technology and dependencies are increasingly being weaponised. And it would enable innovative payment solutions to be quickly scaled up to cover the entire euro area
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Panetta: Crypto-assets are too risky to act as a reliable means of payment.
They behave like speculative assets and raise multiple public policy and financial stability concerns. Anyone investing in cryptos must be prepared to lose all their investment
3/5
Panetta: A digital euro would offer the possibility for everyone to use public money for digital payments.
“Pay anywhere, pay easily, pay safely” corresponds to what potential users expect from a digital euro
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🧵 A digital euro will allow public money to continue to anchor the stability of the payments system and contribute to its efficiency, says Executive Board member Fabio Panetta at National College of Ireland @NCIRL
https://www.ecb.europa.eu/press/key/date/2022/html/ecb.sp220516~454821f0e3.en.html
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Watch live from 10:20 CET: Executive Board member Fabio Panetta and Chief Economist Philip R. Lane speak about a digital euro with Eurogroup President @Paschald, Commissioner @McGuinnessEU and Senator @malcolmbyrne at National College of Ireland @NCIRL
https://www.ncirl.ie/News/ArtMID/748/ArticleID/736/Toward-a-Digital-Euro
RT @NCIRL: Use the hashtag #DigitalEuro to ask questions of @ecb Fabio Panetta and panel and, time permitting, Senat…
Applications for the ECB Scholarship for Women are open until 25 May.
“You are good enough!" That's the message from Marina, our current scholarship participant, to all women thinking about applying ⬇️
Find out more https://www.ecb.europa.eu/careers/what-we-offer/wecs/html/index.en.html
RT @bundesbank: What responsibility do central banks have in the fight against #climatechange? Pablo Hernández de Cos, Governor of @BancoDeEspana, answered participants' questions at #Euro20plus. Here's the video to watch: https://www.euro20plus.de/e20-de/town-hall-de-cos-836532
RT @bundesbank: Live at #Euro20plus: From 12 p.m., Pablo Hernández de Cos, Governor of @BancoDeEspana, will answer the questions of moderator @louisklamroth and the participants of our event. Infos and livestream at https://www.euro20plus.de/e20-de/town-hall-de-cos-836532 #monetarypolicy @ecb
Why is it important for central banks to communicate and be transparent? How can this help to increase trust in what we do?
Find out on #TheECBPodcast with communications experts @GabrielGlockler and @Siria_Angino and our host @KatieRanger_ https://pod.link/1481819425
RT @bundesbank: #Geldpolitik, #Inflation, deutsche #Goldreserven, #Wirtschaft, #Ukraine - darüber haben Bundesbankpräsident #JoachimNagel, die Teilnehmer*innen von #Euro20plus und Moderator @louisklamroth diskutiert. Das Video zum Town Hall gibt es hier in voller Länge: https://www.euro20plus.de/e20-de/town-hall-mit-joachim-nagel-836508
Any guesses what this photo’s about?
It’s the new episode of #TheECBPodcast, out tomorrow morning!
Spoiler: we’ll be talking reggae, Spider-Man and movie scenes 👀
So, watch out! And catch it on our website and podcast platforms https://pod.link/1481819425
RT @EU_SRB: 🇪🇺#SRBECB2022 @EU_SRB & @ecb Joint Conference - The test of time: Banking Union a decade on
📢REGISTRATIONS NOW OPEN
https://www.srb.europa.eu/en/content/srb-ecb-2022
cc @EU_Finance @ftlive @itinagli @EBA_News @RaymondFrenken @ElenaCarletti7
RT @NCIRL: NCI is proud to host ‘Toward a #DigitalEuro’, presented by Senator
@MalcolmByrne, with a keynote by @ecb Fabio Panetta, joined by a prestigious panel, including @ecb Philip Lane, to discuss the how, when and why of going digital #Blockchain #Cryptocurreny https://t.co/tNv9pKkGQj
Working Paper: State-owned banks and international shock transmission https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2661~5a47947b05.en.pdf?ee824b0cbd46bd392fee7a5b9f279fb0
Working Paper: The digital economy, privacy, and CBDC https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2662~fa8429a967.en.pdf?88b4fb9730f2df55b49ca612d24b3a18
RT @bundesbank: Heute Abend live verfolgen: Das erste Town Hall mit #JoachimNagel bei #Euro20plus. Ab 17 Uhr stellt sich der #Bundesbankpräsident den Fragen von @louisklamroth und den Teilnehmer*innen des Events. Infos und Livestream unter: https://www.euro20plus.de/e20-de/town-hall-mit-joachim-nagel-836508 #Geldpolitik #Inflation
Diversity is important to us. As an employer, we want to foster a work environment that’s inclusive in all aspects, including nationality.
Our Annual Report now includes data on the different nationalities of ECB staff. Find out more in Section 11.4 https://www.ecb.europa.eu/pub/annual/html/ecb.ar2021~14d7439b2d.en.html
Enria: Greek banks have made impressive progress in terms of non-performing loans. They can see the finish line now and are close to reaching the same level as their European peers, but they need to continue to work on this
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Enria: We have better policies and better practices to deal with non-performing loans. Banks’ internal controls have been strengthened. We will also assess banks’ capital trajectories and their plans to pay dividends but we are not planning a “one-size-fits-all” restriction
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Unofficial automated mirror. No copyright asserted. ∎ The European Central Bank is the central bank for Europe's single currency, the euro. Its main task is to maintain the euro's purchasing power.
Joined Apr 2022
