European Central Bank

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  ECB President Says Bitcoin Won't Enter Reserves of Any EU Central Banks

  Ales Michl, the governor of Czech Republic’s central bank, suggested ECB’s General Council to consider adding Bitcoin as part of its reserved assets. Dismissing the suggestion, Lagarde said reserved assets need to be liquid and secure – criteria she feels are not strong with BTC for now.

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  Birds Or Rivers? Europeans Can Weigh In On Themes For New Euro Notes

  The European Central Bank launched a survey today asking citizens to weigh in on the redesign of euro banknotes, with rivers, birds and European culture among the shortlisted themes.

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  EU Set to Take Next Steps for Launch of Digital Euro, Will Publish Proposal for Legal Framework

  EU will publish a proposal on Wednesday that will be the legal foundation on which the ECB could launch a digital euro. The project has come under attack from the public, politicians and banks before it even exists. Critics question the need for a digital euro and banks warn of major risks.

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  European Central Bank Steps in as Banks Test Crypto Waters Ahead of Pan-EU Licensing Rules

  The European Central Bank (ECB) on Wednesday announced that it was taking steps to harmonise the assessment of licensing requests. The ECB, which directly regulates top euro zone lenders such as Deutsche Bank, UniCredit and BNP Paribas, said it would examine if crypto activities were in line with a bank's risk "profile", which determines how much c...

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  Cryptocurrencies 'Suspicious and Speculative', Says President of European Central Bank

  With a rise in crypto craze globally, many countries around the world are experimenting with allowing trading and transactions in digital currencies. To ensure a safe gateway for transactions, central banks of countries are in process of releasing their own crypto currencies.

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  European Central Bank Launches Pilot Project To Create "Digital Euro"

  The European Central Bank on Wednesday formally launched a pilot project to create a "digital euro", in response to the growing popularity of electronic payments and the rise of cryptocurrencies.

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  European Central Bank to Launch Digital Euro Project: All We Know So Far

  The European Central Bank (ECB) is set to give the green light to a multi-year project to create a digital version of the Euro. An electronic equivalent of banknotes and coins, the digital Euro will likely be a digital wallet that euro zone citizens can keep at the ECB.

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  Men Suffer Bigger Job Losses Across Euro Zone During Pandemic: Study

  Men suffered bigger jobs losses across the euro zone during the COVID-19 pandemic, a European Central Bank study found on Wednesday.

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  Euro Banknotes Safe To Touch Despite Coronavirus: European Central Bank

  There is no significant risk of catching the coronavirus from euro banknotes, the European Central Bank said Tuesday, citing lab tests that showed the germs survived far longer on other surfaces.

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  Stocks See Worst Slump Since 1980s As Trump Ban Bites

  Equity markets plunged Thursday, with some recording their worst day in decades, after the US banned travel from Europe and the ECB failed to stem the selling tide.

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  Christine Lagarde "Honored" To Be Tapped To Head European Central Bank

  International Monetary Fund chief Christine Lagarde on Tuesday announced she would step down "temporarily" from the global crisis lender after being nominated to lead the European Central Bank.

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  IMF's Christine Lagarde Continues To Break Glass Ceilings

  Christine Lagarde has made a career out of breaking glass ceilings in the halls of international finance and is now poised to break one more, leading the European Central Bank.

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  Greece Reaches Preliminary Deal With Creditors: Minister

  Athens also hopes to be finally allowed access to the European Central Bank's asset purchase programme, known as quantitative easing, or QE, to help its return to bond markets.

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  Greece's Alexis Tsipras Facing The Music After Rollercoaster Year In Power

  He came to power vowing a debt revolution, but after a rollercoaster year of economic meltdown forcing him to abandon his election promises, a less bouncy but still charismatic Greek Prime Minister Alexis Tsipras is facing the music.

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  Greek Parliament Approves Reform Bill Ahead of Bailout Review

  The Greek parliament approved an omnibus bill on Friday cutting pensions, raising the retirement age, increasing punishment for tax evasion and liberalising the energy market ahead of the first review of the country's new bailout later this month.