Why we must stop Facebook’s attempt to hijack our money, before it’s too late
Digital currencies have great potential, but ceding control to a cartel of tech companies is not the answer.
Green monetary policy: it’s about changing the mindset, not the mandate
Contrary to common belief, the European Central Bank’s current mandate and legal framework already gives ample room for action in the field of climate change. Now is the time to move the debate to the next stage: policy design.
Top priorities for the next ECB chief economist
This week the European Parliament will interview the only candidate for the position of chief economist of the European Central Bank. On what basis should Members of the EU Parliament ensure Mr Philip Lane is up to the job?
ECB’s capital key: Small buzz, great symbolism
The ECB’s five-year adjustment of its capital key and the ongoing Brexit negotiations are reviving an old debate over the nature of central bank capital. While the ECB has several options at hand, Sebastian Diessner argues that the most radical solution would –...
Why central banks must change before the next crisis hits
In a recent book, Clément Fontan, Peter Dietsch and François Claveau make a sobering and urgent wake-up call for rethinking the way central banks think and implement monetary policy and banking supervision.
ECB rejects digital euro for wrong reasons
A letter by the European Central Bank reveals it has not yet thoroughly studied the possible implementation of a central bank digital currency.