Eurosystem moving to next phase of digital euro project I am pleased to inform you that the Governing Council of the European Central Bank (ECB) has decided to move to the next phase of the digital euro project. This decision follows the successful completion of the preparation phase, launched by the Eurosystem on 1 November 2023, during which the interaction with the Committee on Economic and Monetary Affairs (ECON) has been invaluable. In that regard, we are grateful for the...

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Governor Kathy Hochul today has been named to the 2025 TIME100 Climate list, recognizing the 100 most influential global leaders driving business climate action. View the full list on TIME’s website. “I’m proud that New York’s work to build a cleaner, more resilient future is being recognized on a global stage by such an esteemed publication as Time Magazine,” Governor Hochul said. “Our approach is rooted in partnership and practicality: supporting innovation, protecting communities, and ensuring New York’s future is both sustainable and...

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The Commission has adopted two measures to support the essential role institutional investors, such as banks and insurers, play in the financing the EU economy.  These measures deliver on the roadmap set out in the Savings and Investments Union (SIU) strategy and contribute to the EU's broader objectives of supporting private investment, improving capital market integration, and strengthening Europe's long-term competitiveness, for the benefit of EU businesses and households.   They aim at boosting equity investments by banks and insurers, including where these investments are made alongside public entities – such as...

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Good morning. Deputy Prime Minister Correia, thank you for chairing this plenary. Kristalina, I’m glad to celebrate this partnership with you. The recent events in Syria and Gaza give us reason to hope that peace is possible wherever conflict exists—DRC, Sudan, Ukraine, Yemen, and beyond. As we hope for peace, we must also prepare for it. In that pursuit, we’ve convened expert groups to plan for reconstruction in Gaza and Ukraine—drawing on regional specialists from both the public and private sectors. The...

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Rising geopolitical tensions and security concerns about emerging critical technologies are reshaping international co-operation in science, technology and innovation (STI), according to a new OECD report. The OECD Science, Technology and Innovation Outlook 2025 finds that governments are increasingly aligning their STI policies with economic and national security objectives – from promoting critical research and emerging technologies, to protecting against unauthorised knowledge leakage, and projecting national interests through science diplomacy. This growing securitisation of STI reflects how the changing geopolitical environment is...

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