Christine Lagarde
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Economy
Could France's bond turmoil force the ECB's hand?
The European Central Bank is expected to hold rates next week as France's bond sell-off tightens borrowing conditions across the eurozone, while ECB President Christine Lagarde has made clear that the first steps to tackle French debt woes must come from Paris, not Frankfurt.
Markets
Euro hits fresh lows against US dollar and British pound despite hikes
The euro slid this week to its weakest level against the US dollar since mid-May 2025 and the British pound since early June 2025, as an energy shock, France’s debt crisis and a resurgent US dollar outweigh two interest rate hikes by the European Central Bank.
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Business
ECB calls for tougher EU crypto rules and curbs on dollar stablecoins
Europe's central banks want the EU's crypto rules tightened, calling for a wider ban on interest payments on stablecoins, new powers to curb tokens pegged to foreign currencies such as the US dollar, and EU-level supervision of crypto firms.
Markets
ECB launches 'Pontes' to settle tokenised assets in central bank money
The Eurosystem has launched Pontes, a system allowing banks to settle trades in tokenised assets using central bank money, and the ECB said it will invest some of its own funds in tokenised securities through it, the first concrete steps towards making the euro fit for the digital age.
