• Speech
    Ensuring legitimacy is an ongoing process

    Our European Union is founded on the value of democracy. Legitimacy within our democratic system requires that all European citizens have a choice and a voice, says ECB Vice-President Luis de Guindos. The efforts of institutions are needed to ensure this legitimacy.

19 February 2019INTERVIEW

ECB monetary policy supports recovery

Recent ECB measures have been the main source of support for recovery and employment in the euro area, says ECB Vice-President Luis de Guindos. He adds that monetary policy will remain accommodative for a long time, as we are experiencing a period of uncertainty.

15 February 2019SPEECH

The euro’s role in a changing world

The global role of the euro is primarily a market-led process, says Executive Board member Benoît Cœuré. However, policies to make the euro area more robust will also benefit the international role of the euro – this may have tangible consequences for monetary policy.

20/02/2019
Peter Praet: Economic situation and outlook
Presentation by Peter Praet, Member of the Executive Board of the ECB, at the Frankfurt Main Finance Breakfast, Frankfurt am Main, 20 February 2019
19/02/2019
Luis de Guindos: Euro at 20 years: the road ahead
Address by Luis de Guindos, Vice-President of the ECB, at the European Parliamentary Week, Brussels, 19 February 2019
15/02/2019
Benoît Cœuré: The euro’s global role in a changing world: a monetary policy perspective
Speech by Benoît Cœuré, Member of the Executive Board of the ECB, at the Council on Foreign Relations, New York City, 15 February 2019
13/02/2019
Sabine Lautenschläger: Risks to banks – from inside and out
Speech by Sabine Lautenschläger, Member of the Executive Board of the ECB, at the 14th Asia-Pacific High-level meeting on Banking Supervision, in Sydney, 13 February 2019
11/02/2019
Luis de Guindos: The euro area: current status and the monetary policy stance
Remarks by Luis de Guindos, Vice-President of the ECB, at Deusto Business School, Madrid, 11 February 2019

All speeches

19/02/2019
Luis de Guindos: Interview with Le Monde
Interview with Luis de Guindos, Vice-President of the ECB, conducted by Marie Charrel on 13 February 2019
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18/02/2019
Peter Praet: Interview with Börsen-Zeitung
Interview with Peter Praet, Member of the Executive Board of the ECB, conducted by Detlef Fechtner and Mark Schrörs on 11 February 2019 and published on 18 February 2019
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07/02/2019
Benoît Cœuré: Interview with Barron’s
Interview with Benoît Cœuré, Member of the Executive Board of the ECB, conducted by Pierre Briançon on 5 February 2019 and published on 7 February 2019
01/02/2019
Sabine Lautenschläger: Interview with hr-iNFO – the Interview
Interview with Sabine Lautenschläger, Member of the Executive Board of the European Central Bank and Vice-Chair of the Supervisory Board of the ECB, conducted by Mariela Milkowa on 29 January 2019 and broadcast on 1 February 2019
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25/01/2019
Benoît Cœuré: Interview with Bloomberg TV
Interview with Benoît Cœuré, Member of the Executive Board of the ECB, conducted by Francine Lacqua on 25 January 2019

All interviews

15/02/2019
Opinion on the licensing and supervision of providers of microcredit (CON/2019/07)
Greece, 
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13/02/2019
Opinion on a proposal for a Council Decision on the conclusion of the Agreement on the withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community  (CON/2019/06)
12/02/2019
Opinion on banning the use of euro 500 denomination banknotes and on certain amendments to anti-money laundering legislation (CON/2019/05)
Denmark, 
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01/02/2019
Opinion on limitations to cash payments (CON/2019/04)
Spain, 
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30/01/2019
Opinion on remuneration for executives and senior management in Narodowy Bank Polski (CON/2019/03)
Poland, 
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All legal acts

18 February 2019#EUROAT20

Win an iPad or an Interrail trip!

How much do you know about the ECB and the euro? We have teamed up with QuizClash to launch a special competition: you have until 10 March to play our #EUROat20 quiz on the app and win an Interrail Pass or an iPad!

Interest rates

Marginal lending facility 0.25 %
Main refinancing operations (fixed rate) 0.00 %
Deposit facility − 0.40 %
Effective from 16 March 2016

Inflation rates

Full inflation chart
Inflation dashboard

Reference rates

USD US dollar 1.1294
JPY Japanese yen 125.09
GBP Pound sterling 0.87185
CHF Swiss franc 1.1351
Last update: Tuesday, 19 February 2019 Euro foreign exchange rates

Multimedia

  • Travelogue: ECB Executive Board member Benoît Cœuré visiting Vorwerk factory in Cloyes-sur-le-Loir

  • Unveiling of the New 100 and 200 Euro Banknotes

  • 20 years of ESCB statistics: What's next?

  • 20th anniversary – Staff testimonials / First Day at the ECB

  • ECB Forum on Central Banking 2018

  • How are Executive Board members chosen?

  • Interview with Vítor Constâncio. ECB Vice-President (2011 – 2018)

  • Financial Stability Review - May 2018

  • Vítor Constâncio interview on the Financial Stability Review - May 2018

  • How does the euro help Europeans do business?

  • What is ethical hacking?

  • Generation €uro Students' Award 2018

  • Communications challenges for policy effectiveness, accountability and reputation

  • Meeting the #EuroVideoChallenge finalists at the award ceremony

  • What is TARGET Instant Payment Settlement (TIPS)?

  • #ECBYouthDialogue - Dublin, Ireland

  • Highlights ECB Forum on Central Banking 2017

  • #ECBYouthDialogue - Lisbon 2017

  • Interview Vítor Constâncio on Financial Stability Review

  • EU Open Days - May 2017

  • Generation €uro Students' Award 2017

  • The new €50 banknote is now in circulation

  • How quantitative easing works

  • 15 years of the euro

  • Inside the Asset Purchase Programme

  • ECB and the Eurosystem explained in 3 min.

  • ECB Press Conference - 25 October 2018

  • European Cultural Days - 25 September 2018

  • Visit of German Federal President Steinmeier to the ECB - 26 Sep 2018

  • ECB Press Conference - 13 September 2018

  • New €100 & €200 - Security features

  • Estonian Art Vernissage - 27 June 2018

  • ECB Forum on Central Banking - 18/20 June 2018

  • ECB Press Conference - 14 June 2018

  • EU Open Day - 5 May 2018

  • Joint Conference of the European Central Bank and the European Commission - 3 May 2018

  • ECB Press Conference - 26 April 2018

  • Generation €uro Students’ Award - 10 -11 April 2018

  • Luminale: Cross Hatch - 18 March 2018

  • ECB Press Conference - 8 March 2018

  • Central Bank Communications Conference - 14-15 November 2017

  • 2017 #EuroVideoChallenge Award Ceremony in Lyon - 9 November 2017

  • European Cultural Days - 26 October 2017

  • ECB Press Conference - 26 October 2017

  • Inauguration ECB Visitor Centre – 4 October 2017

  • Sendung mit der Maus - 3 October 2017

  • #ECBYouthDialogue, Dublin - 22 September 2017

  • Opening of the Cyprus Contemporary Art Exhibition - 20 September 2017

  • ECB Press Conference - 7 September 2017

  • ECB Press Conference - 20 July 2017

  • #ECBYouthDialogue - 26 June 2017, Lisbon, Portugal

  • ECB Forum on Central Banking - Sintra, Portugal, 26-28 June 2017

  • ECB Press Conference - 8 June 2017, Tallinn

  • EU Open Day in Brussels - 6 May 2017

  • ECB Open Day for women in technical fields - 04 May 2017

  • ECB Press Conference - 27 April 2017

  • The new €50 banknote - 4 April 2017

  • Generation Euro Students' Award - 4/5 April 2017

  • Europe's digital integrated market - 31 January 2017

  • 25 November 2016 UN Orange Day

  • 17 October 2016 Cultural Days Opening Concert

  • 3 October 2016 Türen Auf!

  • Unveiling of the new €50 banknote

  • Young Economists at ECB Forum on Central Banking

  • ECB Main Building

  • Luminale 2016 - ECB's illuminated buildings

  • The international role of the euro, June 2018 - cover image

    The international role of the euro, June 2018

  • Financial integration in Europe, May 2018 - cover image

    Financial integration in Europe, May 2018

  • Price and wage-setting in advanced economies - cover image

    Price and wage-setting in advanced economies

  • ESCB Legal Conference 2018 - cover image

    ESCB Legal Conference 2018

  • Legal framework of the Eurosystem and the European System of Central Banks. ECB legal acts and instruments - cover image

    Legal framework of the Eurosystem and the European System of Central Banks. ECB legal acts and instruments

  • Statistics for Economic and Monetary Union. Enhancements and new directions, 2003-12, by Peter Bull - cover image

    Statistics for Economic and Monetary Union. Enhancements and new directions, 2003-12, by Peter Bull

  • The monetary policy of the ECB - cover image

    The monetary policy of the ECB

  • The payment system – payments, securities and derivatives, and the role of the Eurosystem in this field - cover image

    The payment system – payments, securities and derivatives, and the role of the Eurosystem in this field