Europe & EU: the ECB, Euro, and European markets
Europe's financial landscape is shaped by the ECB and EU regulations. These articles cover European monetary policy, the Euro, EU financial law, and how European markets differ from their American counterparts.
Good For Gold, Bad For USD: US Tariffs on Europe
Bulgraria has been pegged to Euro since 1999 🇧🇬
Bulgarian Lev has been pegged to Euro since 1999
Europe's Gold Imports and Exports Explained
Just wait until Bitcoin hype accounts find out that Czechia has not adapted the Euro, so it's not a part of the Eurozone.
This is how The Soviet Union kickstarted Eurodollar markets in the 1950's
Gold as a percentage of balance sheet size in Central Banks (ranked):
decentralized digital Euro will not work, because the ECB needs to have full control over it
ECB's legal framework forbids the use of gold revaluation proceeds to pay expenses or operating losses
🇪🇺 ECB gained €10.5B on gold from 2023 to 2024
🇪🇺 The best countermeasure that EU can take is swapping US securities for Gold
ECB plans to limit the amount of digital Euro CBDC a wallet can hold
ECB recorded an €8 billion loss in 2024 - what happens in that case?