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.
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
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.
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
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.
(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
(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