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Since 1 January 1999 the European Central Bank (ECB) has been responsible for conducting monetary policy for the euro area - the world’s largest economy after the United States.

ECB Press Releases

Meeting of 9-10 December 2020

Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 9-10 December 20201. Review of financial, economic and monetary developments and policy optionsFinancial market developmentsMs Schnabel reviewed the financial market developments since the Governing Council’s previous monetary policy meeting on 28-29 October 2020.Developments in global financial markets had been driven by a strong improvement in...

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ECB digital euro consultation ends with record level of public feedback

PRESS RELEASE13 January 2021Over 8,000 responses received in online survey Privacy, security and pan-European reach ranked highest in European citizens’ preferencesDetailed analysis to be published in spring, ahead of decision on project launchThe European Central Bank (ECB) concluded its public consultation on the digital euro yesterday and will now analyse in detail the large number of responses. 8,221 citizens, firms and industry associations submitted responses to an online questionnaire,...

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Isabel Schnabel: Interview with Der Standard

INTERVIEWInterview with Isabel Schnabel, Member of the Executive Board of the ECB, conducted by Andras Szigètvari on 7 January 2021 und published on 12 January 2021 12 January 2021Is there still such a thing as inflation?Inflation is not dead. Compared with the long course of economic history, inflation has only been as low as it is now for a relatively small number of years. And just because we are now in a phase when a particular phenomenon does not appear is no reason for assuming that it...

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ECB appoints Claudia Plattner as Director General Information Systems

PRESS RELEASE8 January 2021Claudia Plattner has been appointed Director General Information Systems as of 1 July 2021The Executive Board of the European Central Bank (ECB) has appointed Claudia Plattner, currently Chief Information Officer at DB Systel, the IT provider of Deutsche Bahn, to the position of Director General Information Systems as of 1 July 2021. In her current role at DB Systel, Ms Plattner manages the unit that has been responsible for digitalising and modernising the internal...

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