Welcome address | 2025 ECB Legal Conference

Source: European Central Bank (video statements)

Welcome address by Chiara Zilioli, Director General of Legal Services at the European Central Bank (ECB), on the first day of the 2025 ECB Legal Conference.

The conference focuses on institutional, constitutional and judicial issues. The theme of the 2025 ECB Legal Conference is “Building Europe’s Autonomy: Law, Institutions, Cooperation.” The conference took place on 1 and 2 September 2025 as a hybrid event.

Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZm3BYRQdFyj1vvCrJfZ-mrM

See the conference programme here: https://www.ecb.europa.eu/press/conferences/html/20250901_7th_ECB_legal_conference.de.html

https://www.youtube.com/watch?v=u4HHWfSjE0k

President Lagarde presents the latest monetary policy decisions – 24 July 2025

Source: European Central Bank (video statements)

Our monetary policy statement at a glance, 24 July 2025 [link to visual monetary policy statement]

Christine Lagarde, Luis de Guindos: Monetary policy statement, 24 July 2025 www.ecb.europa.eu/press/press_conf…6e730494.en.html

Monetary policy decisions, 24 July 2025 www.ecb.europa.eu/press/pr/date/20…bc70e13f.en.html

Combined monetary policy decisions and statement, 24 July 2025 www.ecb.europa.eu/press/press_conf…04c7d1262686b588

European Central Bank
www.ecb.europa.eu/home/html/index.en.html

Published and recorded during our press conference on 24 July 2025

https://www.youtube.com/watch?v=e_ARHr9T90I

Focus Session – Advancing TARGET Services with DLT transactions: Short-term track: Pontes

Source: European Central Bank (video statements)

Short-term track: Pontes
Deep dive into one of the tracks – Pontes which will provide a short-term offering to the market – including a pilot phase. It will offer euro central bank money settlement, linking market DLT platforms and TARGET Services to settle financial transactions. Learn more about the project roadmap and how you can be involved.

George Kalogeropoulos, Deputy Head of Division, ECB

https://www.youtube.com/watch?v=aZCxnDyxJhs

Focus Session – Advancing TARGET Services with DLT transaction: Findings from the Exploratory work

Source: European Central Bank (video statements)

Findings from the exploratory work
The Eurosystem tested three interoperability-type solutions in 2024 together with 64 participants which conducted 50 trials and experiments, with the aim of exploring the potential use of DLT to settle wholesale financial transactions. Learn more about the results of the exploratory work and the lessons learnt.

Paul Gardin, Market Infrastructure Expert, ECB

https://www.youtube.com/watch?v=T5BUSsIIRio

Focus Session – Advancing TARGET Services with DLT transactions: Welcome Address

Source: European Central Bank (video statements)

Welcome address
The Eurosystem launched a strategy to settle transactions recorded on distributed ledger technology (DLT) using central bank money. The initiative follows a two-track approach – Pontes and Appia – and will be built on the exploratory work on new technologies for wholesale central bank money settlement done with market participants in 2024. Learn more about how this strategy supports the wider EU policies and contributes to a harmonised and integrated European financial ecosystem.

Dimitri Pattyn, Deputy Director General, ECB

https://www.youtube.com/watch?v=CB1ccdH_4ts