ECB

ECB


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.

650870 followers  •  125 follow  •  Berlin  •   http://www.ecb.europa.eu

Working Paper: Macroeconomic reversal rate in a low interest rate environment

Working Paper: Addressing the endogeneity of slack in Phillips Curves

We want to make our work accessible to everyone. Our explainers, which make central banking topics understandable to all audiences, are now highlighted on our homepage and available in 22 EU languages. Read our latest explainer on inflation

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Follow live today at 15:00 CET: Executive Board member Fabio Panetta will chair a panel discussion on fiscal stabilisation and sustainability in EMU. He’ll be joined by @PaoloGentiloni , Klaus Regling, @ollirehn  and @helene_rey 

Follow live today at 14:00 CET: Day 2 of our conference on fiscal policy and EMU governance. Chief Economist Philip R. Lane will introduce the keynote lecture by Ricardo Reis

🧵Support for the euro remains very high! 78% of people living in the euro area say that the euro is good for the EU, the latest @EU_Commission  Eurobarometer survey shows. See full results here 1/3

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More than two-thirds of people in the euro area think our common currency is good for their country, nearly four in five agree the euro makes it easier to do business in other EU countries, and over 50% say it makes travelling easier and less costly 2/3

Most people living in the euro area are satisfied when using cash – 94% say it is easy to pay with banknotes and 86% say the same for coins 3/3

On #InternationalDayofPersonswithDisabilities , we were happy to welcome back @AliceDoyard , former ECB employee turned Oscar-winning producer, for a virtual visit. She talked about her career so far and the challenges she has faced as a person with a disability.

Watch again: President@Lagarde  on our inflation outlook #ReutersNext 

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Roses are red Violets are blue We’ll keep financing conditions favourable ‘Til the crisis is through #ECBmyvalentine  #ValentinesDay 

Press release: ECB announces €750 billion Pandemic Emergency Purchase Programme (PEPP)

(THREAD) We have decided to launch a project to prepare for possibly issuing a digital euro. We will look at how a digital euro could be designed and distributed to everyone in the euro area, as well as the impact it would have 1/3

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A digital euro, if it were to be introduced, would be of service to all citizens. But we are not there yet – more work is needed to address the issues it raises. Learn more about a digital euro

The digital euro would be for all Europeans to use, from everywhere to everybody and everywhere they want to send the money in the euro area. It would be risk-free and simply technological progress, says Executive Board member Fabio Panetta at the @EBFeu ’s online event.

Watch again: Mario Draghi answers a student’s question on cryptocurrencies #ECBYouthDialogue  #GenerationEuro 

(THREAD) Bulgaria and Croatia are taking key steps towards adopting the euro. The Bulgarian lev and Croatian kuna are being included in the Exchange Rate Mechanism II. The countries join the banking union too, with the ECB supervising their largest banks from 1 October

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(THREAD) As technological changes are transforming how we pay, a digital euro could offer a universally accepted, risk-free and trusted means of payment to complement cash. We’ve analysed its possible benefits and challenges in our report 1/3

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Watch again: President@Lagarde  responds to criticism about negative interest rates and describes how they support companies and people in the eurozone

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