With inflation remaining low, expectations for it falling and the economy in the euro area staying weak, the Governing Council of the European Central Bank decided at its meeting in September 2019 to ease monetary policy with a varied package of measures. One of these measures was that monthly... more
In Estonia, 117 counterfeit euro banknotes were removed from circulation during the first half of 2019. The average figure for the same period for the past five years is 431. The average figure is considerably affected by an incident last year involving the sale of a car in Italy where the... more
An exhibition of contemporary Estonian art has been opened in the foyer of the European Central Bank and will remain there until 26 October. The exhibition is part of the celebrations of the centenary of Eesti Pank.
The exhibition will be open for three months to staff and visitors of... more
Frankfurt – Ardo Hansson, 58, has an explanation for why central bankers are often criticised publicly. “We have to communicate paradoxical messages”, says the Governor of the Estonian central bank, who also sits on the Governing Council of the European Central Bank (ECB). He is referring to the... more
The European Central Bank (ECB) is one of the institutions of the European Union. The ECB and the European System of Central Banks (ESCB) were established pursuant to the Statute on 1 June 1998. The ECB forms the core of the Eurosystem and the ESCB. The tasks assigned to them are fulfilled... more
The Estonian champions in the pan-European competition for school children that ran from last November until February are pupils from the sixth-year class of Ülenurme Gymnasium school. A total of 19 Estonian pupils finished in the top 100 of the competition and almost 1200 players from Estonia... more
School children can still take part until 25 February in the pan-European competition being run by the European Central Bank, where they can test what they know about the banknotes and coins of the countries of the euro area. The winners of the competition can get a souvenir 20-euro note or an... more
From 25 November to 25 February, the European Central Bank is running a pan-European competition for school children where they can learn about the banknotes and coins of the countries of the euro area. The winners of the competition can get a souvenir 20-euro note or an iPad.
Interview with Süddeutsche Zeitung
Ardo Hansson, Governor of Eesti Pank
Conducted by Markus Zydra on 18 December
Published on 20 and 23 December 2014
SZ: Mr. Hansson, the ECB council has been discussing whether to buy stocks, bonds and... more