European Central Bank
@ecb
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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.
Frankfurt am Main
Joined October 2009
European banks have made forward strides in managing climate and nature-related risks, Supervisory Board Vice-Chair Frank Elderson writes in #TheSupervisionBlog. But more still needs to be done. Later this year, we’ll publish updated good practices to help banks improve further.
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The ECB is in a good place as medium-term inflation is projected to be at target and risks to the growth outlook are more balanced, Executive Board member @Isabel_Schnabel tells @EconoStream. Therefore, the bar for another rate cut is very high.
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A digital euro would complement cash by offering its equivalent for digital transactions, emphasised Piero Cipollone in his speech at Banka Slovenije. It would also enhance Europe’s sovereignty, resilience and innovation potential in payments, while protecting privacy.
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Watch live: ECB Executive Board member Piero Cipollone speaks at an event at Banka Slovenije on the shifting payments landscape and the role of the digital euro in Europe’s digital transition.
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Feedback on the input provided by the European Parliament as part of its resolution on Banking Union 2024 (publication)
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Climate change is no longer “the Tragedy of the Horizon”, as Mark Carney once said, but an imminent threat. New short-term scenarios from the Network for Greening the Financial System suggest extreme weather could put up to 5% of euro area economic output at risk within 5 years.
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Watch live from 13:00 CET: ECB Vice-President Luis de Guindos delivers closing remarks at the course The Spanish Economy: Reality and Perspectives, part of the CEU–María Cristina Summer Courses (in Spanish).
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Chief Economist Philip R. Lane discusses the monetary policy stance, our updated monetary policy strategy and a more resilient euro area financial architecture in a speech at the House of the Euro in Brussels. Read the speech
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You asked, the ECB Forum answered. Our host Stefania Secola takes us around the conference and gets top experts to answer your questions on tariffs, monetary policy, the economy and AI. Find out more in the final episode of #TheECBPodcast Sintra series!.
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It’s official – Bulgaria will join the euro as of 1 January 2026, becoming the 21st country to adopt our single currency. Vice-President Luis de Guindos participated in a ceremony in Brussels to mark this milestone.
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Over the last 25 years the EU’s trading partners have become less democratic, contrary to the required values-based trade policy. #TheECBBlog investigates the background of this development and the dynamics at play.
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The climate crisis and nature degradation are a serious threat to the economy, says Frank Elderson at the IMF/WBG Constituency Meeting. Nature degradation is now included in our 2025 strategy statement, reflecting our commitment to data and evidence-based decision-making.
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How did euro area bank interest rates evolve in May? And how do they compare with April’s figures?.
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Tariffs and geopolitical tensions have created uncertainty around the world. How does this affect inflation and economy? How can central banks adapt? And what is the potential impact on the dominance of the US dollar?.Find out in the third episode of #TheECBPodcast Sintra series!.
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ICYMI: our 2025 #ECBForum was packed with insightful discussions on a range of central banking topics. 🎥 Watch all the sessions 🎧 Listen to the related #TheECBPodcast episodes 📸 Check out the pictures
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European and national authorities have joined forces with banks to integrate reporting across Europe. In a joint blog, EBA Chair José Manuel Campa and ECB Executive Board member @Isabel_Schnabel explain how this will cut costs for banks and improve data quality.
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Congratulations to Alena Wabitsch, winner of this year's #YoungEconomistPrize!. Alena’s research focuses on the importance of who communicates policies to the public. The #ECBForum is a great way to connect with young economists. Well done to all the finalists!
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