ECB Publishes Indicative Operational Calendars for 2028
The European Central Bank (ECB) has released indicative calendars for the Eurosystem's regular tender operations and reserve maintenance periods for 2028. The calendars outline the schedule for main refinancing operations (MROs) and three-month longer-term refinancing operations (LTROs), as well as the corresponding reserve maintenance periods linked to Governing Council meetings.
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ECB's Cipollone: Building an Integrated European Tokenised Financial Market
ECB Executive Board member Piero Cipollone outlined progress on Europe's tokenised finance agenda, including the Pontes and Appia experiments, and stressed the need to avoid fragmentation by building an integrated market with central bank money at its core. He noted growing global momentum in tokenised assets and called for concrete next steps to seize the opportunity.
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ECB July 2026 Accounts: Geopolitical Risk, Energy Shocks, and the Case for a Policy Pause
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