Euro area

Europe should stop banning interest on digital money

Non-remuneration in the EU of e-money and the digital euro lacks an economic basis, burdens less-wealthy households and is increasingly circumvented

Ulrich Bindseil

Remunerating means of payment

Non-remuneration of digital money acts as a distortionary tax, making EU bans on interest for e-money and stablecoins hard to defend

Ulrich Bindseil

Europe’s new anti-money laundering agency

How will AMLA help the EU crack down on financial crime?

Rebecca Christie, James H. Freis and Nicolas Véron

Building the best safe asset          

Why would the euro area need common debt and will new proposals help?

Rebecca Christie, Agnès Bénassy-Quéré, Silvia Merler and Jeromin Zettelmeyer

Divisia monetary aggregates for the euro area

Zsolt Darvas

Gas market shocks: tracing the effect on euro area inflation expectations

Jakob Feveile Adolfsen, Marie-Sophie Lappe, Ana-Simona Manu, Denise Rößler, Fabian Schupp and Arthur Stalla-Bourdillon

What future for the Hungarian economy?

Zsolt Darvas

The real justification for the digital euro? Monetary sovereignty

The best argument for the digital euro is to discourage ghosts of the euro crisis from returning to haunt Europe

Rebecca Christie

The Werner Report, the Delors Report and the Birth of Euro

Ivo Maes

Rules, discretion and market stabilisation in the euro area

Zsolt Darvas and Francesco Papadia