How to strengthen European banking and rise of the digital euro
Monday 6 September 2021 – Vol.12 Ed.36.1
Commentary: Three ways to fix European banking union
By Ignazio Angeloni in Frankfurt
The anticipated acquisition of Italian bank Monte dei Paschi di Siena by Unicredit is only the latest sign that the advent of the European banking union has not prevented massive waste of taxpayer money, nor guaranteed that unviable banks would exit the market. As the 10th anniversary of the banking union approaches, it is time to address the roadblocks preventing its goals from being achieved.
Read the full commentary on the website.
Meeting: Next steps for a digital euro
Wednesday 22 September, 14:00-15:00 BSTIn July this year the European Central Bank officially launched its digital euro project. The initial investigation phase addresses key issues regarding design and distribution. Ulrich Bindseil, director general of the ECB, explores these, touching on the business case for intermediaries, design options to ensure privacy and avoid risks and integration in the ecosystem, as well as the legislative challenges.
Register to attend here.
