This Policy White Paper assesses several main elements of ECB's upcoming review of its monetary policy strategy, announced in January 2020. Four aspects of the review are discussed in detail: i) ECB's definition of price stability and the arguments for and against inflation targeting; ii) the...

This paper discusses the factors determining the international use of the euro, the relation of it with the ECB monetary policy and the overall use of the euro in the international monetary system since its introduction. The euro has become the second most important international currency after...

This paper discusses the factors determining the international use of the euro, the relation of it with the ECB monetary policy and the overall use of the euro in the international monetary system since its introduction. The euro has become the second most important international currency after...