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The Hills Are Alive with the Sound of ECB Money Printers Going BRRR


Crypto enthusiasts will be asking themselves if they can already hear money printers going BRRR in some of the world’s biggest economies – after the European Central Bank (ECB) decided to double down on its emergency bond-buying in the wake of the coronavirus pandemic. Cryptocurrency advocates have...

ECB in Full-On Emergency Mode as ‘Unprecedented Decline’ Hits Eurozone


The euro area is facing an “unprecedented” economic decline, the worst since records began. European Central Bank (ECB) President Christine Lagarde paints a picture of a central bank in full-on emergency mode after the bank kept its interest rates unchanged. Unprecedented Economic...

'Market-led' Currencies Can Live Alongside Digital Euro - ECB Board Member


Fabio Panetta. While global regulators are warning about the risks of cryptocurrencies and private money initiatives such as Facebook's Libra, a member of the Executive Board of the European Central Bank (ECB) made a somewhat surprising statement in support of "market-led initiatives." In...

ECB Expects Worse Recession in Europe Than Global Economy


The European Central Bank (ECB) expects the European economy to suffer a more severe recession than the global economy. Countries across the euro area will experience “a deep recession,” which entails unprecedented funding needs of more than €1 trillion ($1.1 trillion), explained...

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