The concept of the digital euro – a form of electronic money issued by the European Central Bank (ECB) – is rapidly moving from theory to reality; yet, its fundamental purpose remains ambiguous.
In its third consecutive meeting, the Governing Council of the European Central Bank (ECB) cut all three key interest rates by a quarter of a percentage point, as expected. They are now in the range of 3.00–3.40 per cent.
The Experience of Free Banking outlines a monetary system where private banks issue competing banknotes, usually anchored to a commodity like gold or silver, replacing the central bank’s role.
This briefing summarises a recent analysis by the CEPOS, which investigates how Denmark can become one of the economically freest countries in the world by adopting a framework similar to other Nordic countries.