Source: European Central Bank (video statements)
Meet Studio Joost Grootens, the designers of one of the 10 design proposals for the future euro banknotes and find out more about this design proposal on our website: https://www.ecb.europa.eu/euro/banknotes/future_banknotes/html/design-proposals.en.html
Source: European Central Bank (video statements)
To celebrate, we’re looking back at Cyprus’s euro area journey, with a banger on repeat 💶💃
#Euro #Europe #ECB
Source: European Central Bank (video statements)
You might be wondering what happens next?
Your feedback will play an important role in the next stage of the process, with our Governing Council expected to select the final design by the end of the year.
💙 Thank you for sharing your views and stay tuned for more updates!
Source: European Central Bank (video statements)
On 21 September, the Eurosystem launched Pontes, enabling wholesale financial transactions in tokenised assets to be settled in central bank money.
Source: European Central Bank (video statements)
Pontes goes live, marking an important step for the ECB, the Eurosystem and the wider European financial system.
Pontes is the Eurosystem’s solution for connecting new digital market platforms with existing central bank settlement services. In practical terms, it creates a bridge between market Distributed Ledger Technology (DLT) platforms and TARGET Services, so that wholesale financial transactions based on DLT can be settled safely in central bank money. In doing so, Pontes makes a significant contribution in the development of digital finance and in making central bank money fit for the digital age.
Source: European Central Bank (video statements)
To celebrate, we’re looking back at Malta’s euro area journey, with a banger on repeat 💶💃
#Euro #Europe #ECB
Source: European Central Bank (video statements)
You can find the 🔗 to the survey on our website. Let’s wrap it up together 🫶
P.S. No glasses were harmed in the making of this video 😉
Source: European Central Bank (video statements)
The survey closes on 21 September at midnight CET.
You can find the link on our website ➡️ tell us what you think and share it with someone who might have missed it.
Source: European Central Bank (video statements)
Geoeconomics and the International Trading System – 16 and 17 September 2026, Frankfurt am Main, Germany.
The rules-based multilateral international trading system is under strain. Great-power competition, security concerns, and the deliberate use of geoeconomic dependencies for strategic ends point towards a fundamental shift in the relationship between economics and geopolitics. This year’s Annual Research Conference wants to contribute to a better understanding of the underlying dynamics by showcasing the latest academic research and by providing a forum for researchers and policymakers to exchange ideas and discuss Europe’s options in this new global environment.
The conference will be live-streamed.
Programme: https://www.ecb.europa.eu/press/conferences/html/20260916_11th_ecb_annual_research_conference.en.html
9:00 – Jean Monnet lecture “Economic Size and Economic Power”
Paul Krugman, City University of New York
Chair: Philip R. Lane, Member of the Executive Board, European Central Bank
Session 3
The Welfare Effects of Sanctions and Tariffs
Chair: Isabel Vansteenkiste, Principal Counsellor, European Central Bank
Evading Sanctions
• Lisa Scheckenhofer, ifo Institute
• Feodora A. Teti*, ifo Institute
• David Torun, University of Zürich
• Joschka Wanner, University of Würzburg
Discussant: Christoph Trebesch, Kiel Institute for the World Economy
12:00 – A World Trading System for Whom? Evidence from Global Tariffs
• Rodrigo Adão, University of Chicago Booth School of Business
• John Sturm Becko, Princeton University
• Arnaud Costinot*, Massachusetts Institute of Technology
• Dave Donaldson, Massachusetts Institute of Technology
Discussant: Meredith Crowley, University of Cambridge
13:00 – Farewell
Source: European Central Bank (video statements)
Geoeconomics and the International Trading System
16 and 17 September 2026. Frankfurt am Main
The rules-based multilateral international trading system is under strain. Great-power competition, security concerns, and the deliberate use of geoeconomic dependencies for strategic ends point towards a fundamental shift in the relationship between economics and geopolitics. This year’s Annual Research Conference wants to contribute to a better understanding of the underlying dynamics by showcasing the latest academic research and by providing a forum for researchers and policymakers to exchange ideas and discuss Europe’s options in this new global environment.
The conference will be live-streamed, and the live stream will be available on this page shortly before the event.
Programme:
https://www.ecb.europa.eu/press/conferences/html/20260916_11th_ecb_annual_research_conference.en.html
9:15 – Welcome address
Luc Laeven, Director General Research, European Central Bank
9:30 – Session 1
Geopolitics and Globalisation
Chair: Luc Laeven, Director General Research, European Central Bank
A Network Approach to Geopolitics
• Ernest Liu, Princeton University
• Stephen Redding*, Stanford University
• Bennett Smith-Worthington, Princeton University
• David Yang, Harvard University
Discussant: Isabelle Mejean, Sciences Po
11:00
Hegemonic Globalisation
• Fernando Broner, Centre de Recerca en Economia Internacional
• Alberto Martin*, Centre de Recerca en Economia Internacional
• Josefin Meyer, Deutsches Institut für Wirtschaftsforschung Berlin
• Christoph Trebesch, Kiel Institute for the World Economy
Discussant: Dmitry Mukhin, London School of Economics
14:15 – Policy panel
Geoeconomics and Trade: Risks, Resilience and Policy Responses
Chair: Boris Vujčić, Vice-President, European Central Bank
Panellists:
• Beatrice Weder di Mauro, Geneva Graduate Institute
• Kevin O’Rourke, Sciences Po
• Andres Velasco, London School of Economics
16:00 – Session 2
Critical Dependencies, Industrial Policy, and Geoeconomic Power
Chair: Christophe Kamps, Director General International and European Relations, European Central Bank
International Power
• David Yang*, Harvard University
• Ernest Liu, Princeton University
Discussant: Massimo Morelli, Bocconi University
17:15
Trade and Industrial Policy in Supply Chains: Directed Technological Change in Rare Earths
• Laura Alfaro*, Inter-American Development Bank
• Harald Fadinger, University of Vienna
• Jan Schymik, University of Mannheim
• Gede Virananda, New York University Stern School of Business
Discussant: Kalina Manova, University College London
