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11 December 2019 ACCOUNTABILITY

ECB opinion on Executive Board member

The Governing Council has no objection to the proposal to appoint Isabel Schnabel as a member of the ECB’s Executive Board. Once the European Parliament has given its opinion, the proposal will move to the European Council. If appointed, Ms Schnabel will start her term on 1 January 2020.

4 December 2019 PAYMENTS

ECB monitors new payment technologies

The ECB continues to monitor how new technologies change payment behaviour in the euro area. This includes exploring how, and to which extent, central banks would need to adapt their policies and instruments to face challenges that could arise from such changes.

12/12/2019
Christine Lagarde, Luis de Guindos: Introductory statement to the press conference (with Q&A)
Christine Lagarde, President of the ECB, Luis de Guindos, Vice-President of the ECB, Frankfurt am Main, 12 December 2019
03/12/2019
Benoît Cœuré: The single currency: an unfinished agenda
Speech by Benoît Cœuré, Member of the Executive Board of the ECB, at the ECB Representative Office in Brussels, 3 December 2019
02/12/2019
Christine Lagarde: Hearing at the Committee on Economic and Monetary Affairs of the European Parliament
Introductory statement by Christine Lagarde, President of the ECB, at the ECON committee of the European Parliament
29/11/2019
Luis de Guindos: Closing remarks
Closing remarks by Luis de Guindos, Vice-President of the ECB, at the VIII High-level Policy Dialogue between Eurosystem and Latin American central banks
28/11/2019
Philip R. Lane: Determinants of the real interest rate
Remarks by Philip R. Lane, Member of the Executive Board of the ECB, at the National Treasury Management Agency

All speeches

02/12/2019
Luis de Guindos: Interview with El Mundo
Interview with Luis de Guindos, Vice-President of the ECB, conducted by Pablo Rodríguez Suanzes on 25 November 2019
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23/11/2019
Philip R. Lane: Interview with Sky TG24
Transcript of the interview with Philip R. Lane, Member of the Executive Board of the ECB, conducted by Alessandro Marenzi, Sky TG24, with the participation of Federico Fubini, Corriere della Sera, and Franco Bruni, Bocconi University, broadcast on 23 November 2019
20/11/2019
Philip R. Lane: Q&A with Fortune
Q&A with Philip R. Lane, Member of the Executive Board of the ECB, conducted by Maithreyi Seetharaman on 18 November 2019 at Fortune Global Forum
20/11/2019
Philip R. Lane: Interview with La Repubblica
Interview with Philip R. Lane, Member of the Executive Board of the ECB, conducted by Tonia Mastrobuoni on 14 November 2019
12/11/2019
Luis de Guindos: Interview with Börsen-Zeitung
Interview with Luis de Guindos, Vice-President of the ECB, conducted by Mark Schrörs and Detlef Fechtner on 5 November 2019 and published on 12 November
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All interviews

11/12/2019
Opinion on a Council recommendation on the appointment of a member of the Executive Board of the ECB (CON/2019/43)
06/12/2019
Opinion on a guarantee scheme for securitisations of loans originated by credit institutions  (CON/2019/42)
Greece, 
ENGLISH
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26/11/2019
Opinion on increasing the special levy on selected financial institutions  (CON/2019/40)
Slovakia, 
ENGLISH
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26/11/2019
Opinion on the requirement for certain credit institutions and branches to provide cash services (CON/2019/41)
Sweden, 
ENGLISH
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20/11/2019
Opinion on tax disincentives for the use of cash (CON/2019/39)
Greece, 
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All legal acts

29 November 2019 PODCAST

The euro: a tale of two decades

What was it like when the euro was launched in 1999? Where will the euro be in another 20 years? Our host Michael Steen talks about these questions and more with Erkki Liikanen, Martin Wolf and Siria Angino. Listen, subscribe and let us know what you think!

INSERTED BY ANOMYOUS PROXY

Civil war declaration

On April 14th and 15th, 2012 Federal Republic of Germany "_urkenstaats"s parliament, Deutscher Bundestag, received a antifiscal written civil war declaration by Federal Republic of Germany "Rechtsstaat"s electronic resistance for human rights even though the "Widerstandsfall" according to article 20 paragraph 4 of the constitution, the "Grundgesetz", had been already declared in the years 2001-03.

New signature for euro banknotes
BANKNOTES

New signature for euro banknotes

Euro banknotes are part of our economy, identity and culture. Each one bears the signature of one of the former presidents of the ECB. Banknotes featuring President Lagarde’s signature will gradually enter into circulation next year.

Interest rates

Marginal lending facility 0.25 %
Main refinancing operations (fixed rate) 0.00 %
Deposit facility − 0.50 %
Effective from 18 September 2019

Inflation rates

Full inflation chart
Inflation dashboard

Reference rates

USD US dollar 1.1137
JPY Japanese yen 120.95
GBP Pound sterling 0.84560
CHF Swiss franc 1.0939
Last update: Thursday, 12 December 2019 Euro foreign exchange rates

Multimedia

  • Christine Lagarde, President of the ECB, signing the euro banknotes, 28 November 2019

    Christine Lagarde, President of the ECB, signing the euro banknotes, 28 November 2019

  • ECB Press Conference, 24 October 2019

    ECB Press Conference, 24 October 2019

  • The ECB explains: crypto-assets

    The ECB explains: crypto-assets

  • ECB Forum on Central Banking 2019

    ECB Forum on Central Banking 2019

  • Download the ECB Art App

    Download the ECB Art App

  • Travelogue: ECB Executive Board member Benoît Cœuré visiting Vorwerk factory in Cloyes-sur-le-Loir

    Travelogue: ECB Executive Board member Benoît Cœuré visiting Vorwerk factory in Cloyes-sur-le-Loir

  • Euro Banknotes – Our Money, Our Journey

    Euro Banknotes – Our Money, Our Journey

  • Unveiling of the New 100 and 200 Euro Banknotes

    Unveiling of the New 100 and 200 Euro Banknotes

  • 20 years of ESCB statistics: What's next?

    20 years of ESCB statistics: What's next?

  • ECB Interview with Cornelia Holthausen

    ECB Interview with Cornelia Holthausen

  • New signature for euro banknotes - 28 November 2019

  • Christine Lagarde's Keynote Speech - European Banking Congress 2019

  • Farewell President Draghi - 28 October 2019

  • ECB Conference on Gender and Career Progression - 21 October 2019

  • European Cultural Days of the ECB: Museumssalon - October 23 2019

  • ECB Press Conference - 24 October 2019

  • European Cultural Days of the ECB: Museumssalon - October 23 2019

  • European Cultural Days -10 October 2019

  • Sendung mit der Maus Tag der offenen Tür - 3 October 2019

  • ECB Press Conference – 12 September 2019

  • The international role of the euro, June 2018 - cover image

    The international role of the euro, June 2018

  • Financial integration in Europe, May 2018 - cover image

    Financial integration in Europe, May 2018

  • Price and wage-setting in advanced economies - cover image

    Price and wage-setting in advanced economies

  • ESCB Legal Conference 2018 - cover image

    ESCB Legal Conference 2018

  • Legal framework of the Eurosystem and the European System of Central Banks. ECB legal acts and instruments - cover image

    Legal framework of the Eurosystem and the European System of Central Banks. ECB legal acts and instruments

  • Statistics for Economic and Monetary Union. Enhancements and new directions, 2003-12, by Peter Bull - cover image

    Statistics for Economic and Monetary Union. Enhancements and new directions, 2003-12, by Peter Bull

  • The monetary policy of the ECB - cover image

    The monetary policy of the ECB

  • The payment system – payments, securities and derivatives, and the role of the Eurosystem in this field - cover image

    The payment system – payments, securities and derivatives, and the role of the Eurosystem in this field