CINXE.COM

<!DOCTYPE html> <html lang="de"> <head> <meta charset="utf-8"> <link rel="preload" href="/shared/dist/fonts/opensans_fixed/OpenSans-Regular.woff2" as="font" crossorigin> <link rel="preload" href="/shared/dist/fonts/opensans_fixed/OpenSans-SemiBold.woff2" as="font" crossorigin> <link rel="preload" href="/shared/dist/fonts/opensans_fixed/OpenSans-Bold.woff2" as="font" crossorigin> <link rel="preload" href="/shared/dist/fonts/ecb-iconset/ECB-icon-set.woff2" as="font" crossorigin> <link rel="icon" href="/fav.ico" sizes="16x16"> <link rel="icon" href="/favicon-16.png" sizes="16x16"> <link rel="icon" href="/favicon-32.png" sizes="32x32"> <link rel="icon" href="/favicon-64.png" sizes="64x64"> <link rel="icon" href="/favicon-128.png" sizes="128x128"> <link rel="icon" href="/favicon-192.png" sizes="192x192"> <link rel="icon" href="/favicon-256.png" sizes="256x256"> <link rel="shortcut icon" href="/favicon-196.png" sizes="196x196"> <link rel="apple-touch-icon" href="/favicon-152.png" sizes="152x152"> <link rel="apple-touch-icon" href="/favicon-180.png" sizes="180x180"> <title>ECB researchers</title> <link rel="canonical" href="https://www.ecb.europa.eu/pub/researchers/html/index.en.html"> <meta name="author" content="European Central Bank"> <meta name="description" content="ECB researchers"> <meta name="viewport" content="width=device-width, initial-scale=1.0, viewport-fit=cover"> <script> var ECB = {}; ECB.currentLanguage = 'de'; ECB.isoLocalLanguageName = 'Deutsch'; ECB.isLive = true; ECB.version = '2646225'; ECB.navigationVersion = '1732198280'; ECB.clientTimeError = 1732506038 - (new Date().getTime()); ECB.availableLanguages = [{"en": "English"}]; </script> <link rel="stylesheet" href="/shared/dist/css/main-ecb.min.css?2646225" media="all"> <meta name="twitter:card" content="summary"> <meta name="twitter:site" content="@ecb"> <meta name="explainerDate" content="1. Januar 1970"> <meta property="og:type" content="article"> <meta property="og:type" content="website"> <meta property="og:title" content="ECB researchers"> <meta property="og:url" content="https://www.ecb.europa.eu/pub/researchers/html/index.de.html"> <meta property="og:image:secure_url" content="https://www.ecb.europa.eu/pub/researchers/html?d41d8cd98f00b204e9800998ecf8427e"> <meta property="og:image" content="https://www.ecb.europa.eu/pub/researchers/html?d41d8cd98f00b204e9800998ecf8427e" > <meta property="og:image:width" content="1200"> <meta property="og:image:height" content="600"> <meta property="og:description" content="ECB researchers"> <meta property="og:site_name" content="European Central Bank"> <noscript> <style> .accordion .content-box { display: block; } </style> </noscript> <script type="text/javascript"> /*! ecb - v2.0.0 - European Central Bank */ var ECB=window.ECB||{};ECB.fast=ECB.fast||{},ECB.slow=ECB.slow||{},ECB.supports=ECB.supports||{},ECB.fast.annexSwap=function(){var t,e,n=document.querySelector(".section-press .address-box + .definition-list");n&&(t=(e=(t=(e=(t=n.previousElementSibling).previousElementSibling)&&e.classList.contains("related-topics")?e:t).previousElementSibling)&&e.classList.contains("footnotes")?e:t).parentNode.insertBefore(n,t)},ECB.fast.attribution=function(n){var t=n.style.backgroundImage||n.src;t=(t=t.replace('url("',"")).replace('")',""),n.src&&(n=n.closest("picture"));t&&!function(t){t=t.replace('url("',"");var e=document.location.protocol+"//"+document.location.hostname;return(-1!==t.indexOf("http")||-1!==t.indexOf('url("//'))&&!t.startsWith(e)}(t)&&ECB.fast.exif.getArtist(t,function(t){var e;0<t.length&&!n.classList.contains("-attribution")&&(n.classList.add("-attribution"),n.insertAdjacentHTML("beforeend",'<span class="attribution"><span class="attribution-details">'+(t.startsWith("©")?"":"© ")+t+'</span> <button aria-label="Photographer"></button></span>'),(e=n.querySelector(".attribution button")).addEventListener("click",function(t){return e.parentElement.classList.toggle("-active"),t.preventDefault(),t.stopPropagation(),!1}))})},ECB.fast.authorMove=function(){let t=document.getElementById("side-authors");var e;t&&(e=Array.from(document.querySelectorAll("aside > *")).reduce(function(t,e){return t+e.clientHeight},0),t.style.marginTop=Math.max(110,e)+50+"px")},ECB.fast.connector=function(t){function e(t){t.classList.contains("-gradient-upper")&&(i="-gradient-upper"),t.classList.contains("-dark-grey")&&(o="-dark-grey"),t.classList.contains("-light-grey-blue")&&(i="-transparent-light-grey",o="-transparent-blue");var e="<div class='upper-connection "+i+"'></div> <div class='lower-connection "+o+"'></div>";t.insertAdjacentHTML("afterend",e)}function a(t,e){return t.classList.contains(e)}function n(t,e){for(var n=0;n<e.length;n++)if(a(t,e[n]))return 1}var r=(t=t||document).querySelectorAll(".connector"),i="-transparent-blue",o="-light-blue";if(0<r.length)e(r[r.length-1]);else{var s=Array.from(t.querySelectorAll(".contact-box, .see-also-boxes, .carousel, .promo-box, .contact-box, .explainer-box"));if(s.length){var l=s[0],c=l.previousElementSibling;if(c&&"DIV"==c.tagName&&!a(c,"title")){for(var u=l.nextElementSibling,g=!1;null!=u;)a(u,"in-this-section")||"SCRIPT"==u.tagName||"STYLE"==u.tagName||(-1==s.indexOf(u)?g=!0:g&&(c=(l=u).previousElementSibling,g=!1)),u=u.nextElementSibling;g||(c.classList.add("connector"),n(c,["section","intro","boxes","accordion","definition-list","tags"])&&c.classList.add("-gradient-upper"),n(c,["jumbo-box"])&&a(c,"-dark-blue")&&c.classList.add("-light-grey-blue"),a(l,".carousel")||c.classList.add("-dark-grey"),e(c))}}}},ECB.fast.exif=function(){function i(t,e,n){return function(t,e,n){var a,r,i,o="";for(n=e+n;e<n;)switch((a=t.getUint8(e++))>>4){case 0:case 1:case 2:case 3:case 4:case 5:case 6:case 7:o+=String.fromCharCode(a);break;case 12:case 13:r=t.getUint8(e++),o+=String.fromCharCode((31&a)<<6|63&r);break;case 14:r=t.getUint8(e++),i=t.getUint8(e++),o+=String.fromCharCode((15&a)<<12|(63&r)<<6|(63&i)<<0)}return o}(t,e,n)}function o(t,e,n){if("exif"!=i(t,e,4).toLowerCase())return!1;var a,e=e+(n?8:6);if(18761==t.getUint16(e))a=!1;else{if(19789!=t.getUint16(e))return!1;a=!0}return 42==t.getUint16(e+2,!a)&&(!((n=t.getUint32(e+4,!a))<8)&&function(t,e,n,a){for(var r,i=t.getUint16(n,!a),o=0;o<i;o++)if(315===t.getUint16(r=n+12*o+2,!a))return s(t,r,e,a);return""}(t,e,e+n,a))}var s=function(t,e,n,a){var r=t.getUint32(e+4,!a),n=t.getUint32(e+8,!a)+n;return i(t,4<r?n:e+8,r-1)};return{getArtist:function(t,e){function n(t){t=function(t){var e=new DataView(t),n=!1;if(1380533830==e.getUint32(0)&&1464156752==e.getUint32(8)&&1448097880==e.getUint32(12)){if(!(e.getUint8(20)&8))return!1;n=!0}else if(255!=e.getUint8(0)||216!=e.getUint8(1))return!1;var a=2,r=t.byteLength;if(n)for(a=16;a<r;){if(a+=e.getUint32(a,!0)+4,"EXIF"==i(e,a,4))return o(e,a,!0,e.getUint32(a,!0));a+=4}else for(;a<r;){if(255!=e.getUint8(a))return!1;if(225==e.getUint8(a+1))return o(e,a+4,!1,e.getUint16(a+2));a+=2+e.getUint16(a+2)}}(t);e.call(window,t||"")}var a=new XMLHttpRequest;a.onload=function(){200!=this.status&&0!==this.status||n(a.response),a=null},a.open("GET",t,!0),a.responseType="arraybuffer",a.send(null)}}}(),ECB.fast.isLoading=function(){for(var t=document.querySelectorAll(".-is-loading"),e=0;e<t.length;e++)t[e].insertAdjacentHTML("afterbegin","<div class='is-busy'> Loading ... </div>")},ECB.fast.langLinks=function(){if(ECB.fast.isEuLanguage=!!document.querySelector("#language-values a[lang="+ECB.currentLanguage+"]:not([specialLang])"),ECB.fast.isEuLanguage&&"en"!=ECB.currentLanguage)for(var t=document.querySelectorAll("a:not([lang]"),n=/\.[a-z]{2,3}(\.(html|pdf)([\?#].*)?)$/,e=0;e<t.length;e++){var a=t[e];a.hasAttribute("href")&&-1===a.getAttribute("href").indexOf(":")&&function(t){let e=t.getAttribute("href").match(n);return!!(e&&0<e.length)&&"en"==e[0].substr(1,2)}(a)&&a.setAttribute("href",a.getAttribute("href").replace(n,"."+ECB.currentLanguage+"$1"))}},ECB.fast.langSwitch=function(){var e,n;ECB.isLive&&(e=localStorage.getItem("lastLanguage"),(n=function(t){if(t&&ECB.currentLanguage!=t){t=document.querySelector("#language-values>a[lang="+t+"]");return t&&(document.location.href=t.href),!0}return!1})(e)||window.addEventListener("storage",function(t){"lastLanguage"==t.key&&t.newValue!=e&&n(t.newValue)}))},ECB.fast.loadImages=function(t){var n,e=t;t||(e=document);var a=function(t){var e=ECB.supports.webp&&t.getAttribute("data-image-webp")?t.getAttribute("data-image-webp"):t.getAttribute("data-image"),n=t;n.style.backgroundImage="url('"+e+"')",t.classList.contains("-inner")||ECB.fast.attribution(n),n.classList.add("loaded")};window.IntersectionObserver&&(n=new IntersectionObserver(function(t){for(var e=0;e<t.length;e++)t[e].isIntersecting&&(a(t[e].target),n.unobserve(t[e].target))},{rootMargin:"50%"}));for(var r=e.querySelectorAll("[data-image]"),i=0;i<r.length;i++)r[i].classList.contains("fast")||r[i].classList.contains("coin-cropper")||!n?a(r[i]):n.observe(r[i]);for(var o=e.querySelectorAll("picture img"),i=0;i<o.length;i++)ECB.fast.attribution(o[i])},ECB.fast.pageTitle=function(){var t=document.querySelector("main>.title h1");t&&0<t.innerText.length&&(document.title=t.innerText)},ECB.fast.random=function(t){Element.prototype.matches||(Element.prototype.matches=Element.prototype.msMatchesSelector||Element.prototype.webkitMatchesSelector);for(var e=(!t?document:t).querySelectorAll(".random"),n=0;n<e.length;n++){e[n].querySelectorAll(".random-item");var a=[];Array.prototype.slice.call(e[n].children).map(function(t){t.matches(".random-item")&&a.push(t)});var r=Math.floor(Math.random()*a.length);e[n].classList.contains("-daily")&&(r=(new Date).getDate()%a.length),a[r].classList.add("active");for(var i=0;i<a.length;i++)i!=r&&e[n].removeChild(a[i])}},ECB.fast.supportCheck=function(e){var n=new Image;n.onload=function(t){"load"==t.type&&1==n.width&&(document.documentElement.classList.add("webp"),ECB.supports.webp=!0),e&&e()},n.onerror=function(){e&&e()},n.src="data:image/webp;base64,UklGRiQAAABXRUJQVlA4IBgAAAAwAQCdASoBAAEAAwA0JaQAA3AA/vuUAAA="},ECB.fast.tempFixes=function(){!function(t,e){for(var n=document.querySelectorAll(t),a=0;a<n.length;a++)e(n[a])}(".table .wrapper h3",function(t){var e=t.parentElement.parentElement,n=document.createElement("div");n.classList.add("header"),n.innerHTML='<div class="title">'+t.innerHTML+"</div>",t.parentElement.removeChild(t),e.prepend(n)})},ECB.fast.supportCheck(function(){function t(){ECB.jsForContentOnly||ECB.fast.pageTitle(),ECB.fast.tempFixes(),ECB.fast.random(),ECB.fast.loadImages(),ECB.fast.langLinks(),ECB.fast.connector(),ECB.fast.annexSwap(),ECB.fast.isLoading(),ECB.fast.authorMove()}"loading"!==document.readyState?t():window.addEventListener("DOMContentLoaded",t)}); </script> <script type="text/javascript" async src="/shared/dist/js/slow.min.js?v=2646225"></script> </head> <body class="project-ecb section-pub sub-researchers "> <header id="ecb-doc-header" class="v2"> <div class="headerHolder"> <div class="logo-name"> <a href="/home/html/index.de.html" alt="Go to our homepage"> <img src="/shared/img/logo/logo_name.de.svg" alt="European Central Bank - eurosystem"> </a> </div> <div class="logo-name-mobile"> <a href="/home/html/index.de.html" alt="Go to our homepage"> <img src="/shared/img/logos_mobile/ECB_Eurosystem_OneLineLogo_Mobile_DE.svg" alt="European Central Bank - eurosystem"> </a> </div> <div id="language-selector-holder" role="button" title="Select language"> <div id="language-selector"></div> <div id="language-selected" tabindex="1" aria-haspopup="true"><i></i><span class="ecb-full">DE</span></div> <div id="language-values"> <a href="index.bg.html" lang="bg" title="Български"><span class="ecb-full">Български</span></a><a href="index.cs.html" lang="cs" title="Čeština"><span class="ecb-full">Čeština</span></a><a href="index.da.html" lang="da" title="Dansk"><span class="ecb-full">Dansk</span></a><a href="index.de.html" class="selected" lang="de" title="Deutsch"><span class="ecb-full">Deutsch</span></a><a href="index.el.html" lang="el" title="Eλληνικά"><span class="ecb-full">Eλληνικά</span></a><a href="index.en.html" class="available" lang="en" title="English"><span class="ecb-full">English</span></a><a href="index.es.html" lang="es" title="Español"><span class="ecb-full">Español</span></a><a href="index.et.html" lang="et" title="Eesti keel"><span class="ecb-full">Eesti keel</span></a><a href="index.fi.html" lang="fi" title="Suomi"><span class="ecb-full">Suomi</span></a><a href="index.fr.html" lang="fr" title="Français"><span class="ecb-full">Français</span></a><a href="index.ga.html" lang="ga" title="Gaeilge"><span class="ecb-full">Gaeilge</span></a><a href="index.hr.html" lang="hr" title="Hrvatski"><span class="ecb-full">Hrvatski</span></a><a href="index.hu.html" lang="hu" title="Magyar"><span class="ecb-full">Magyar</span></a><a href="index.it.html" lang="it" title="Italiano"><span class="ecb-full">Italiano</span></a><a href="index.lt.html" lang="lt" title="Lietuvių"><span class="ecb-full">Lietuvių</span></a><a href="index.lv.html" lang="lv" title="Latviešu"><span class="ecb-full">Latviešu</span></a><a href="index.mt.html" lang="mt" title="Malti"><span class="ecb-full">Malti</span></a><a href="index.nl.html" lang="nl" title="Nederlands"><span class="ecb-full">Nederlands</span></a><a href="index.pl.html" lang="pl" title="Polski"><span class="ecb-full">Polski</span></a><a href="index.pt.html" lang="pt" title="Português"><span class="ecb-full">Português</span></a><a href="index.ro.html" lang="ro" title="Română"><span class="ecb-full">Română</span></a><a href="index.sk.html" lang="sk" title="Slovenčina"><span class="ecb-full">Slovenčina</span></a><a href="index.sl.html" lang="sl" title="Slovenščina"><span class="ecb-full">Slovenščina</span></a><a href="index.sv.html" lang="sv" title="Svenska"><span class="ecb-full">Svenska</span></a> </div> </div> <button id="hamburger" aria-haspopup="true" > Menu <div class="icon"> <div class="line-outer"> <div class="line-inner"></div> </div> <div class="line-outer"> <div class="line-inner"></div> </div> <div class="line-outer"> <div class="line-inner"></div> </div> </div> </button> <div class="logo"> <a href="/home/html/index.de.html" alt="Go to our homepage"> <img src="/shared/img/logo/logo_only.svg" alt="our logo, a yellow Euro sign surrounded by yellow stars centered in a dark blue circle resting on a dark blue base"> </a> </div> <nav id="navwrapper" role="navigation" aria-label="Main navigation"><div id="mainnav"><ul><li class="has-subpages" aria-expanded="false"><a href="#" class="subpages icon" title="toggle subpages for Geldpolitik und Märkte"></a><a href="/mopo/html/index.de.html" title="visit page Geldpolitik und Märkte">Geldpolitik und Märkte</a><div class="nav-first-level-wrap"><div class="nav-featured-wrap"><div class="nav-featured"><div class="item"> <div class="title">Geldpolitik und Märkte</div> <p>Unsere geldpolitische Strategie, die Instrumente, die wir einsetzen, und ihre Wirkung</p><a href="/mopo/html/index.en.html">Geldpolitik und Märkte – ein Überblick</a><hr> <div class="nav-title">Direktzugriff</div> <ul> <li><a href="/ecb/educational/explainers/tell-me/html/what-is-monetary-policy.en.html">Was ist Geldpolitik?</a></li> <li><a href="/mopo/strategy/strategy-review/html/index.en.html">Strategieüberprüfung</a></li> <li><a href="/mopo/implement/app/html/index.en.html">Programme zum Ankauf von Vermögenswerten</a></li> </ul> </div><a href="/press/press_conference/html/index.en.html" class="item image"> <img src="/press/tvservices/html/index/ECB press conference place holder new_2560x1440.jpg" width="357" height="179" loading="lazy" style="object-fit:cover"><div class="image-caption">Letzte Pressekonferenz zur Geldpolitik</div> <div class="image-date">17. Oktober 2024</div></a></div></div><ul><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Einleitung"></a><a href="/mopo/intro/html/index.de.html" title="visit page Einleitung">Einleitung</a><ul><li><a href="/mopo/intro/benefits/html/index.de.html" title="visit page Vorteile von Preisstabilität">Vorteile von Preisstabilität</a></li><li><a href="/mopo/intro/role/html/index.de.html" title="visit page Wirkungsbereich der Geldpolitik">Wirkungsbereich der Geldpolitik</a></li><li><a href="/mopo/intro/transmission/html/index.de.html" title="visit page Transmissionsmechanismus">Transmissionsmechanismus</a></li></ul></li><li><a href="/mopo/decisions/html/index.de.html" title="visit page Geldpolitische Beschlüsse">Geldpolitische Beschlüsse</a></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Strategie"></a><a href="/mopo/strategy/html/index.de.html" title="visit page Strategie">Strategie</a><ul><li><a href="/mopo/strategy/strategy-review/html/index.de.html" title="visit page Strategieüberprüfung">Strategieüberprüfung</a></li><li><a href="/mopo/strategy/medium-term-orientation/html/index.de.html" title="visit page Mittelfristige Ausrichtung">Mittelfristige Ausrichtung</a></li><li><a href="/mopo/strategy/pricestab/html/index.de.html" title="visit page 2 %-Inflationsziel">2 %-Inflationsziel</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Wirtschaftliche, monetäre und finanzielle Entwicklungen"></a><a href="/mopo/devel/html/index.de.html" title="visit page Wirtschaftliche, monetäre und finanzielle Entwicklungen">Wirtschaftliche, monetäre und finanzielle Entwicklungen</a><ul><li><a href="/mopo/devel/ecana/html/index.de.html" title="visit page Wirtschaftsanalyse">Wirtschaftsanalyse</a></li><li><a href="/mopo/devel/monan/html/index.de.html" title="visit page Monetäre und finanzielle Analyse">Monetäre und finanzielle Analyse</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Instrumente"></a><a href="/mopo/implement/html/index.de.html" title="visit page Instrumente">Instrumente</a><ul><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Offenmarktgeschäfte"></a><a href="/mopo/implement/omo/html/index.de.html" title="visit page Offenmarktgeschäfte">Offenmarktgeschäfte</a><ul><li><a href="/mopo/implement/omo/tltro/html/index.de.html" title="visit page GLRGs">GLRGs</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Programme zum Ankauf von Vermögenswerten"></a><a href="/mopo/implement/app/html/index.de.html" title="visit page Programme zum Ankauf von Vermögenswerten">Programme zum Ankauf von Vermögenswerten</a><ul><li><a href="/mopo/implement/app/lending/html/index.de.html" title="visit page Wertpapierleihgeschäfte">Wertpapierleihgeschäfte</a></li></ul></li><li><a href="/mopo/implement/pepp/html/index.de.html" title="visit page Pandemie-Notfallankaufprogramm ">Pandemie-Notfallankaufprogramm </a></li><li><a href="/mopo/implement/sf/html/index.de.html" title="visit page Ständige Fazilitäten">Ständige Fazilitäten</a></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Mindestreserven"></a><a href="/mopo/implement/mr/html/index.de.html" title="visit page Mindestreserven">Mindestreserven</a><ul><li><a href="/mopo/implement/mr/two-tier/html/index.de.html" title="visit page Zweistufiges System">Zweistufiges System</a></li></ul></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Internationale Finanzmarktoperationen"></a><a href="/mopo/international-market-operations/html/index.de.html" title="visit page Internationale Finanzmarktoperationen">Internationale Finanzmarktoperationen</a><ul><li><a href="/mopo/international-market-operations/liquidity_lines/html/index.de.html" title="visit page Liquiditätslinien mit Zentralbanken">Liquiditätslinien mit Zentralbanken</a></li></ul></li><li><a href="/mopo/ela/html/index.de.html" title="visit page Notfall-Liquiditätshilfe (ELA)">Notfall-Liquiditätshilfe (ELA)</a></li><li><a href="/mopo/liq/html/index.de.html" title="visit page Liquiditätsanalyse">Liquiditätsanalyse</a></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Sicherheiten"></a><a href="/mopo/coll/html/index.de.html" title="visit page Sicherheiten">Sicherheiten</a><ul><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Kriterien und Prüfung der Notenbankfähigkeit"></a><a href="/mopo/coll/standards/html/index.de.html" title="visit page Kriterien und Prüfung der Notenbankfähigkeit">Kriterien und Prüfung der Notenbankfähigkeit</a><ul><li><a href="/mopo/coll/standards/marketable/html/index.de.html" title="visit page Marktfähige Vermögenswerte">Marktfähige Vermögenswerte</a></li><li><a href="/mopo/coll/standards/nonmarketable/html/index.de.html" title="visit page Nicht marktfähige Vermögenswerte">Nicht marktfähige Vermögenswerte</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Verzeichnis notenbankfähiger marktfähiger Sicherheiten"></a><a href="/mopo/coll/assets/html/index.de.html" title="visit page Verzeichnis notenbankfähiger marktfähiger Sicherheiten">Verzeichnis notenbankfähiger marktfähiger Sicherheiten</a><ul><li><a href="/mopo/coll/assets/guide/html/index.de.html" title="visit page Benutzerhinweise">Benutzerhinweise</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Mobilisierung von Sicherheiten"></a><a href="/mopo/coll/coll/html/index.de.html" title="visit page Mobilisierung von Sicherheiten">Mobilisierung von Sicherheiten</a><ul><li><a href="/mopo/coll/coll/ccbm/html/index.de.html" title="visit page CCBM">CCBM</a></li><li><a href="/mopo/coll/coll/eligiblesss/html/index.de.html" title="visit page Zugelassene Wertpapierabwicklungssysteme">Zugelassene Wertpapierabwicklungssysteme</a></li><li><a href="/mopo/coll/coll/ssslinks/html/index.de.html" title="visit page Zugelassene Verbindungen">Zugelassene Verbindungen</a></li><li><a href="/mopo/coll/coll/triparty/html/index.de.html" title="visit page Zugelassene Triparty Agents">Zugelassene Triparty Agents</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Risikominderung"></a><a href="/mopo/coll/risk/html/index.de.html" title="visit page Risikominderung">Risikominderung</a><ul><li><a href="/mopo/coll/risk/ecaf/html/index.de.html" title="visit page ECAF">ECAF</a></li><li><a href="/mopo/coll/risk/riskcontrol/html/index.de.html" title="visit page Risikokontrolle">Risikokontrolle</a></li><li><a href="/mopo/coll/risk/liquidity/html/index.de.html" title="visit page Haircut-Kategorien">Haircut-Kategorien</a></li><li><a href="/mopo/coll/risk/valuation/html/index.de.html" title="visit page Bewertung">Bewertung</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Initiative zur Erfassung von Einzelkreditdaten"></a><a href="/mopo/coll/loanlevel/html/index.de.html" title="visit page Initiative zur Erfassung von Einzelkreditdaten">Initiative zur Erfassung von Einzelkreditdaten</a><ul><li><a href="/mopo/coll/loanlevel/transmission/html/index.de.html" title="visit page Schema für die Meldung von Daten">Schema für die Meldung von Daten</a></li><li><a href="/mopo/coll/loanlevel/implementation/html/index.de.html" title="visit page Zulassungskriterien">Zulassungskriterien</a></li><li><a href="/mopo/coll/loanlevel/faq/html/index.de.html" title="visit page Häufig gestellte Fragen">Häufig gestellte Fragen</a></li></ul></li><li><a href="/mopo/coll/contacts/html/index.de.html" title="visit page Kontaktdaten">Kontaktdaten</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Wirtschaftsstruktur im Euroraum"></a><a href="/mopo/eaec/html/index.de.html" title="visit page Wirtschaftsstruktur im Euroraum">Wirtschaftsstruktur im Euroraum</a><ul><li><a href="/mopo/eaec/ecopolicy/html/index.de.html" title="visit page Wirtschaftspolitik">Wirtschaftspolitik</a></li><li><a href="/mopo/eaec/fiscal/html/index.de.html" title="visit page Finanzpolitik">Finanzpolitik</a></li><li><a href="/mopo/eaec/trade/html/index.de.html" title="visit page Außenhandel">Außenhandel</a></li><li><a href="/mopo/eaec/eer/html/index.de.html" title="visit page Effektive Wechselkurse">Effektive Wechselkurse</a></li><li><a href="/mopo/eaec/structure/html/index.de.html" title="visit page Finanzstruktur">Finanzstruktur</a></li><li><a href="/mopo/eaec/markets/html/index.de.html" title="visit page Finanzmärkte">Finanzmärkte</a></li><li><a href="/mopo/eaec/intermediaries/html/index.de.html" title="visit page Finanzintermediäre">Finanzintermediäre</a></li><li><a href="/mopo/eaec/diversity/html/index.de.html" title="visit page Wirtschaftliche Vielfalt">Wirtschaftliche Vielfalt</a></li><li><a href="/mopo/eaec/labour/html/index.de.html" title="visit page Arbeitsmarkt">Arbeitsmarkt</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Marktkontaktgruppen"></a><a href="/mopo/market-contact-groups/html/index.de.html" title="visit page Marktkontaktgruppen">Marktkontaktgruppen</a><ul><li><a href="/mopo/market-contact-groups/bmcg/html/index.de.html" title="visit page Bond Market Contact Group (BMCG)">Bond Market Contact Group (BMCG)</a></li><li><a href="/mopo/market-contact-groups/mmcg/html/index.de.html" title="visit page Money Market Contact Group (MMCG)">Money Market Contact Group (MMCG)</a></li><li><a href="/mopo/market-contact-groups/dimcg/html/index.de.html" title="visit page Debt Issuance Market Contact Group (DIMCG)">Debt Issuance Market Contact Group (DIMCG)</a></li><li><a href="/mopo/market-contact-groups/omg/html/index.de.html" title="visit page Operations Managers Group der EZB (ECB OMG)">Operations Managers Group der EZB (ECB OMG)</a></li><li><a href="/mopo/market-contact-groups/fxcg/html/index.de.html" title="visit page Foreign Exchange Contact Group (FXCG)">Foreign Exchange Contact Group (FXCG)</a></li><li><a href="/mopo/market-contact-groups/iid/html/index.de.html" title="visit page Institutional Investor Dialogue (IID)">Institutional Investor Dialogue (IID)</a></li></ul></li></ul></div></li><li class="has-subpages" aria-expanded="false"><a href="#" class="subpages icon" title="toggle subpages for Zahlungsverkehr und Finanzstabilität"></a><a href="/paym/html/index.de.html" title="visit page Zahlungsverkehr und Finanzstabilität">Zahlungsverkehr und Finanzstabilität</a><div class="nav-first-level-wrap"><div class="nav-featured-wrap"><div class="nav-featured"><div class="item"> <div class="title">Zahlungsverkehr und Finanzstabilität</div> <p>Einblicke in unsere Arbeit in den Bereichen Finanzstabilität und Zahlungsverkehrsinfrastruktur</p><a href="/paym/html/index.en.html">Zahlungsverkehr und Finanzstabilität – ein Überblick</a><hr> <div class="nav-title">Direktzugriff</div> <ul> <li><a href="/euro/digital_euro/html/index.en.html">Der digitale Euro</a></li> <li><a href="/press/intro/html/index.en.html">Aktuelles zum Zahlungsverkehr</a></li> <li><a href="/paym/target/target-professional-use-documents-links/html/index.en.html">TARGET für professionelle Nutzer – Dokumente und Links</a></li> </ul> </div><a href="/pub/financial-stability/fsr/html/index.en.html" class="item image"> <img src="/paym/financial-stability/html/index/fsr_1000x750.jpg" width="357" height="179" loading="lazy" style="object-fit:cover"><div class="image-caption">Aktueller Finanzstabilitätsbericht</div> <div class="image-date">16. Mai 2024</div></a></div></div><ul><li><span>Zahlungsverkehr</span></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for TARGET-Dienste"></a><a href="/paym/target/html/index.de.html" title="visit page TARGET-Dienste">TARGET-Dienste</a><ul><li><a href="/paym/target/coco/html/index.de.html" title="visit page Gemeinsame Funktionsmerkmale">Gemeinsame Funktionsmerkmale</a></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for T2"></a><a href="/paym/target/t2/html/index.de.html" title="visit page T2">T2</a><ul><li><a href="/paym/target/t2/governance/html/index.de.html" title="visit page Governance">Governance</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for T2S"></a><a href="/paym/target/t2s/html/index.de.html" title="visit page T2S">T2S</a><ul><li><a href="/paym/target/t2s/governance/html/index.de.html" title="visit page Governance">Governance</a></li><li><a href="/paym/target/t2s/facts/html/index.de.html" title="visit page Zahlen und Fakten">Zahlen und Fakten</a></li><li><a href="/paym/target/t2s/pricing/html/index.de.html" title="visit page Preisgestaltung">Preisgestaltung</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for TIPS"></a><a href="/paym/target/tips/html/index.de.html" title="visit page TIPS">TIPS</a><ul><li><a href="/paym/target/tips/governance/html/index.de.html" title="visit page Governance">Governance</a></li><li><a href="/paym/target/tips/facts/html/index.de.html" title="visit page Zahlen und Fakten">Zahlen und Fakten</a></li><li><a href="/paym/target/tips/onboarding/html/index.de.html" title="visit page Onboarding">Onboarding</a></li></ul></li><li><a href="/paym/target/ecms/html/index.de.html" title="visit page ECMS">ECMS</a></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for TARGET für professionelle Nutzer – Dokumente und Links"></a><a href="/paym/target/target-professional-use-documents-links/html/index.de.html" title="visit page TARGET für professionelle Nutzer – Dokumente und Links">TARGET für professionelle Nutzer – Dokumente und Links</a><ul><li><a href="/paym/target/target-professional-use-documents-links/coco/html/index.de.html" title="visit page Professionelle Nutzer">Professionelle Nutzer</a></li><li><a href="/paym/target/target-professional-use-documents-links/t2/html/index.de.html" title="visit page T2 – Dokumente und Links">T2 – Dokumente und Links</a></li><li><a href="/paym/target/target-professional-use-documents-links/t2s/html/index.de.html" title="visit page Professionelle Nutzung">Professionelle Nutzung</a></li><li><a href="/paym/target/target-professional-use-documents-links/tips/html/index.de.html" title="visit page Professionelle Nutzung">Professionelle Nutzung</a></li><li><a href="/paym/target/target-professional-use-documents-links/ecms/html/index.de.html" title="visit page Professionelle Nutzung">Professionelle Nutzung</a></li></ul></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Integration und Innovation"></a><a href="/paym/integration/html/index.de.html" title="visit page Integration und Innovation">Integration und Innovation</a><ul><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Distributed-Ledger-Technologien"></a><a href="/paym/integration/distributed/html/index.de.html" title="visit page Distributed-Ledger-Technologien">Distributed-Ledger-Technologien</a><ul><li><a href="/paym/integration/distributed/exploratory/html/index.de.html" title="visit page Sondierungsarbeiten">Sondierungsarbeiten</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Massenzahlungen"></a><a href="/paym/integration/retail/html/index.de.html" title="visit page Massenzahlungen">Massenzahlungen</a><ul><li><a href="/paym/integration/retail/retail_payments_strategy/html/index.de.html" title="visit page Strategie für Massenzahlungen">Strategie für Massenzahlungen</a></li><li><a href="/paym/integration/retail/ecb/html/index.de.html" title="visit page Katalysatorfunktion der EZB">Katalysatorfunktion der EZB</a></li><li><a href="/paym/integration/retail/sepa/html/index.de.html" title="visit page SEPA">SEPA</a></li><li><a href="/paym/integration/retail/instant_payments/html/index.de.html" title="visit page Sofortzahlungen">Sofortzahlungen</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Harmonisierung des Sicherheitenmanagements"></a><a href="/paym/integration/collateral/html/index.de.html" title="visit page Harmonisierung des Sicherheitenmanagements">Harmonisierung des Sicherheitenmanagements</a><ul><li><a href="/paym/integration/collateral/implementation/html/index.de.html" title="visit page Umsetzung">Umsetzung</a></li><li><a href="/paym/integration/collateral/faq/html/index.de.html" title="visit page Häufig gestellte Fragen">Häufig gestellte Fragen</a></li></ul></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Cyberresilienz"></a><a href="/paym/cyber-resilience/html/index.de.html" title="visit page Cyberresilienz">Cyberresilienz</a><ul><li><a href="/paym/cyber-resilience/fmi/html/index.de.html" title="visit page Finanzmarktinfrastrukturen">Finanzmarktinfrastrukturen</a></li><li><a href="/paym/cyber-resilience/tiber-eu/html/index.de.html" title="visit page TIBER-EU">TIBER-EU</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Überwachung"></a><a href="/paym/pol/html/index.de.html" title="visit page Überwachung">Überwachung</a><ul><li><a href="/paym/pol/systems/html/index.de.html" title="visit page Zahlungssysteme">Zahlungssysteme</a></li><li><a href="/paym/pol/target2-securities/html/index.de.html" title="visit page TARGET2-Securities">TARGET2-Securities</a></li><li><a href="/paym/pol/instr/html/index.de.html" title="visit page Elektronische Zahlungen">Elektronische Zahlungen</a></li><li><a href="/paym/pol/clearing/html/index.de.html" title="visit page Wertpapierabwicklungssysteme und zentrale Gegenparteien">Wertpapierabwicklungssysteme und zentrale Gegenparteien</a></li><li><a href="/paym/pol/critical/html/index.de.html" title="visit page Kritische Dienstleister">Kritische Dienstleister</a></li><li><a href="/paym/pol/correspondent-and-custodian-banks/html/index.de.html" title="visit page Korrespondenz- und Depotbanken">Korrespondenz- und Depotbanken</a></li><li><a href="/paym/pol/forum/html/index.de.html" title="visit page SecuRe Pay-Forum">SecuRe Pay-Forum</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Währungsreservenverwaltung"></a><a href="/paym/erms/html/index.de.html" title="visit page Währungsreservenverwaltung">Währungsreservenverwaltung</a><ul><li><a href="/paym/erms/aspects/html/index.de.html" title="visit page Wesentliche Aspekte">Wesentliche Aspekte</a></li><li><a href="/paym/erms/service/html/index.de.html" title="visit page Leistungsspektrum">Leistungsspektrum</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Personen, die mit Bargeld arbeiten"></a><a href="/paym/cashprof/html/index.de.html" title="visit page Personen, die mit Bargeld arbeiten">Personen, die mit Bargeld arbeiten</a><ul><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Bargeldbearbeitung"></a><a href="/paym/cashprof/cashhand/html/index.de.html" title="visit page Bargeldbearbeitung">Bargeldbearbeitung</a><ul><li><a href="/paym/cashprof/cashhand/devices/html/index.de.html" title="visit page Geräte zur Echtheitsprüfung">Geräte zur Echtheitsprüfung</a></li><li><a href="/paym/cashprof/cashhand/recycling/html/index.de.html" title="visit page Wiederausgabe von Euro-Banknoten">Wiederausgabe von Euro-Banknoten</a></li></ul></li><li><a href="/paym/cashprof/cdispec/html/index.de.html" title="visit page CDI-Spezifikationen">CDI-Spezifikationen</a></li><li><a href="/paym/cashprof/accreditation/html/index.de.html" title="visit page Zulassung von Banknotenherstellern">Zulassung von Banknotenherstellern</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Kontaktgruppen Zahlungsverkehr"></a><a href="/paym/groups/html/index.de.html" title="visit page Kontaktgruppen Zahlungsverkehr">Kontaktgruppen Zahlungsverkehr</a><ul><li><a href="/paym/groups/ami/html/index.de.html" title="visit page Beratergruppen zu Marktinfrastrukturen">Beratergruppen zu Marktinfrastrukturen</a></li><li><a href="/paym/groups/euro-cyber-board/html/index.de.html" title="visit page Euro Cyber Resilience Board">Euro Cyber Resilience Board</a></li><li><a href="/paym/groups/erpb/html/index.de.html" title="visit page Euro Retail Payments Board (ERPB)">Euro Retail Payments Board (ERPB)</a></li><li><a href="/paym/groups/efip/html/index.de.html" title="visit page European Forum for Innovation in Payments (EFIP)">European Forum for Innovation in Payments (EFIP)</a></li></ul></li><li><span>Finanzstabilität</span></li><li><a href="/paym/financial-stability/html/index.de.html" title="visit page Finanzstabilität – Einleitung">Finanzstabilität – Einleitung</a></li><li><a href="/paym/macroprudential-measures/html/index.de.html" title="visit page Makroprudenzielle Maßnahmen">Makroprudenzielle Maßnahmen</a></li><li><a href="/paym/financial_stability_contact_groups/html/index.de.html" title="visit page Kontaktgruppen Finanzstabilität">Kontaktgruppen Finanzstabilität</a></li></ul></div></li><li class="has-subpages" aria-expanded="false"><a href="#" class="subpages icon" title="toggle subpages for Statistik"></a><a href="/stats/html/index.de.html" title="visit page Statistik">Statistik</a><div class="nav-first-level-wrap"><div class="nav-featured-wrap"><div class="nav-featured"><div class="item"> <div class="title">Statistiken</div> <p>Zugang zu allen Statistiken der EZB und Hintergrundinformationen</p><a href="/stats/html/index.en.html">Statistiken bei der EZB – ein Überblick</a><hr> <div class="nav-title">Direktzugriff</div> <ul> <li><a href="https://data.ecb.europa.eu/main-figures">Wichtige Zahlen</a></li> <li><a href="https://data.ecb.europa.eu/">Data Portal der EZB</a></li> <li><a href="/stats/ecb_statistics/accessing-our-data/html/index.en.html">Alle Datendienste</a></li> </ul> </div><a href="/press/blog/date/2024/html/ecb.blog20240418~2240ea1850.en.html" class="item image"> <img src="/press/blog/date/2024/html//ecb.blog20240418~2240ea1850/ecb.blog20240418~2240ea1850.jpg" width="357" height="179" loading="lazy" style="object-fit:cover"><div class="image-caption">DER EZB-BLOG – Bessere Daten: Auswirkungen des Klimawandels auf die Banken</div> <div class="image-date">18. April 2024</div></a></div></div><ul><li><span>Häufiger Zugriff</span></li><li><a href="/stats/euro-exchange-rates/html/index.de.html" title="visit page Euro-Wechselkurse">Euro-Wechselkurse</a></li><li><a href="/stats/key-ecb-interest-rates/html/index.de.html" title="visit page EZB-Leitzinsen">EZB-Leitzinsen</a></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Euro Short-Term Rate (€STR)"></a><a href="/stats/euro-short-term-rates/html/index.de.html" title="visit page Euro Short-Term Rate (€STR)">Euro Short-Term Rate (€STR)</a><ul><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Referenzzinssätze"></a><a href="/stats/euro-short-term-rates/interest_rate_benchmarks/html/index.de.html" title="visit page Referenzzinssätze">Referenzzinssätze</a><ul><li><a href="/stats/euro-short-term-rates/interest_rate_benchmarks/WG_euro_risk-free_rates/html/index.de.html" title="visit page Arbeitsgruppe zu risikofreien Zinssätzen im Euroraum">Arbeitsgruppe zu risikofreien Zinssätzen im Euroraum</a></li></ul></li></ul></li><li><a href="/stats/inflation/html/index.de.html" title="visit page Inflation">Inflation</a></li><li><a href="/stats/euro-area-yield-curves/html/index.de.html" title="visit page Zinsstrukturkurven des Euroraums">Zinsstrukturkurven des Euroraums</a></li><li><span>Alle Statistiken und Hintergrund</span></li><li><a href="/stats/all-key-statistics/html/index.de.html" title="visit page Alle wichtigen Statistiken">Alle wichtigen Statistiken</a></li><li><a href="/stats/accessing-our-data/html/index.de.html" title="visit page Zugang zu unseren Daten">Zugang zu unseren Daten</a></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Wesentliche Merkmale"></a><a href="/stats/ecb_statistics/html/index.de.html" title="visit page Wesentliche Merkmale">Wesentliche Merkmale</a><ul><li><a href="/stats/ecb_statistics/governance_and_quality_framework/html/index.de.html" title="visit page Governance und Qualitätsrahmen">Governance und Qualitätsrahmen</a></li><li><a href="/stats/ecb_statistics/co-operation_and_standards/html/index.de.html" title="visit page Zusammenarbeit und Standards">Zusammenarbeit und Standards</a></li><li><a href="/stats/ecb_statistics/reporting/html/index.de.html" title="visit page Datenmeldungen der Banken">Datenmeldungen der Banken</a></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for AnaCredit"></a><a href="/stats/ecb_statistics/anacredit/html/index.de.html" title="visit page AnaCredit">AnaCredit</a><ul><li><a href="/stats/ecb_statistics/anacredit/questions/html/index.de.html" title="visit page AnaCredit: Fragen und Antworten">AnaCredit: Fragen und Antworten</a></li></ul></li><li><a href="/stats/ecb_statistics/consultations/html/index.de.html" title="visit page Öffentliche Konsultationen">Öffentliche Konsultationen</a></li><li><a href="/stats/ecb_statistics/dialogue/html/index.de.html" title="visit page Banking Industry Dialogue zu ESZB-Statistiken und integrierter Berichterstattung">Banking Industry Dialogue zu ESZB-Statistiken und integrierter Berichterstattung</a></li><li><a href="/stats/ecb_statistics/sdmx/html/index.de.html" title="visit page SDMX – Modell zum Austausch statistischer Daten">SDMX – Modell zum Austausch statistischer Daten</a></li><li><a href="/stats/ecb_statistics/inexda/html/index.de.html" title="visit page INEXDA – Netzwerk granularer Daten">INEXDA – Netzwerk granularer Daten</a></li></ul></li></ul></div></li><li class="has-subpages" aria-expanded="false"><a href="#" class="subpages icon" title="toggle subpages for Der Euro"></a><a href="/euro/html/index.de.html" title="visit page Der Euro">Der Euro</a><div class="nav-first-level-wrap"><div class="nav-featured-wrap"><div class="nav-featured"><div class="item"> <div class="title">Der Euro</div> <p>Das Wichtigste über unsere gemeinsame Währung</p><a href="/euro/html/index.en.html">Der Euro – ein Überblick</a><hr> <div class="nav-title">Direktzugriff</div> <ul> <li><a href="/paym/cashprof/html/index.en.html">Personen, die mit Bargeld arbeiten</a></li> <li><a href="/stats/policy_and_exchange_rates/banknotes+coins/html/index.en.html">Statistiken zu Banknoten und Münzen</a></li> <li><a href="/stats/policy_and_exchange_rates/euro_reference_exchange_rates/html/index.en.html">Euro-Wechselkurse</a></li> </ul> </div><a href="/euro/digital_euro/progress/html/index.en.html" class="item image"> <img src="/euro/digital_euro/shared/img/Digital Euro_Website_Homepage-Box-eurosign_1000x750.jpg" width="357" height="179" loading="lazy" style="object-fit:cover"><div class="image-caption">Erster Fortschrittsbericht zur Vorbereitungsphase des digitalen Euro</div> <div class="image-date">24. Juni 2024</div></a></div></div><ul><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Digitaler Euro"></a><a href="/euro/digital_euro/html/index.de.html" title="visit page Digitaler Euro">Digitaler Euro</a><ul><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Merkmale"></a><a href="/euro/digital_euro/features/html/index.de.html" title="visit page Merkmale">Merkmale</a><ul><li><a href="/euro/digital_euro/features/privacy/html/index.de.html" title="visit page Digital euro and privacy">Digital euro and privacy</a></li></ul></li><li><a href="/euro/digital_euro/how-it-works/html/index.de.html" title="visit page Wie ein digitaler Euro funktioniert">Wie ein digitaler Euro funktioniert</a></li><li><a href="/euro/digital_euro/why-we-need-it/html/index.de.html" title="visit page Warum wir einen digitalen Euro brauchen">Warum wir einen digitalen Euro brauchen</a></li><li><a href="/euro/digital_euro/progress/html/index.de.html" title="visit page Zeitplan und Fortschritte">Zeitplan und Fortschritte</a></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Ausführliche Informationen"></a><a href="/euro/digital_euro/timeline/html/index.de.html" title="visit page Ausführliche Informationen">Ausführliche Informationen</a><ul><li><a href="/euro/digital_euro/timeline/stakeholder/html/index.de.html" title="visit page Governance und Einbindung von Akteuren">Governance und Einbindung von Akteuren</a></li><li><a href="/euro/digital_euro/timeline/profuse/html/index.de.html" title="visit page Technische Dokumentation und Forschungsarbeit">Technische Dokumentation und Forschungsarbeit</a></li><li><a href="/euro/digital_euro/timeline/rulebook/html/index.de.html" title="visit page Regelwerk für das System">Regelwerk für das System</a></li></ul></li><li><a href="/euro/digital_euro/faqs/html/index.de.html" title="visit page Häufig gestellte Fragen">Häufig gestellte Fragen</a></li></ul></li><li><span>Bargeld</span></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Bargeldstrategie des Eurosystems"></a><a href="/euro/cash_strategy/html/index.de.html" title="visit page Bargeldstrategie des Eurosystems">Bargeldstrategie des Eurosystems</a><ul><li><a href="/euro/cash_strategy/cash_role/html/index.de.html" title="visit page Rolle des Bargelds">Rolle des Bargelds</a></li><li><a href="/euro/cash_strategy/issuance/html/index.de.html" title="visit page Ausgabe und Umlauf">Ausgabe und Umlauf</a></li><li><a href="/euro/cash_strategy/acceptance-cash/html/index.de.html" title="visit page Zugang zu Bargeld und seine Akzeptanz">Zugang zu Bargeld und seine Akzeptanz</a></li><li><a href="/euro/cash_strategy/faqs/html/index.de.html" title="visit page Häufig gestellte Fragen">Häufig gestellte Fragen</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Banknoten"></a><a href="/euro/banknotes/html/index.de.html" title="visit page Banknoten">Banknoten</a><ul><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Künftige Banknoten"></a><a href="/euro/banknotes/future_banknotes/html/index.de.html" title="visit page Künftige Banknoten">Künftige Banknoten</a><ul><li><a href="/euro/banknotes/future_banknotes/redesign/html/index.de.html" title="visit page Neugestaltungsprozess">Neugestaltungsprozess</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Aktuelle Banknoten"></a><a href="/euro/banknotes/current/html/index.de.html" title="visit page Aktuelle Banknoten">Aktuelle Banknoten</a><ul><li><a href="/euro/banknotes/current/denominations/html/index.de.html" title="visit page Stückelungen">Stückelungen</a></li><li><a href="/euro/banknotes/current/design/html/index.de.html" title="visit page Gestaltungselemente">Gestaltungselemente</a></li><li><a href="/euro/banknotes/current/security/html/index.de.html" title="visit page Sicherheitsmerkmale">Sicherheitsmerkmale</a></li></ul></li><li><a href="/euro/banknotes/ac/html/index.de.html" title="visit page Falschgeldbekämpfung">Falschgeldbekämpfung</a></li><li><a href="/euro/banknotes/production/html/index.de.html" title="visit page Banknotenherstellung und Banknotenreserven">Banknotenherstellung und Banknotenreserven</a></li><li><a href="/euro/banknotes/damaged/html/index.de.html" title="visit page Beschädigte und verfärbte Banknoten">Beschädigte und verfärbte Banknoten</a></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Umwelt, Gesundheit und Sicherheit"></a><a href="/euro/banknotes/environmental/html/index.de.html" title="visit page Umwelt, Gesundheit und Sicherheit">Umwelt, Gesundheit und Sicherheit</a><ul><li><a href="/euro/banknotes/environmental/pef/html/index.de.html" title="visit page Umweltfußabdruck von Banknoten">Umweltfußabdruck von Banknoten</a></li></ul></li><li><a href="/euro/banknotes/research/html/index.de.html" title="visit page Forschung und Entwicklung">Forschung und Entwicklung</a></li><li><a href="/euro/banknotes/images/html/index.de.html" title="visit page Abbildungen und Reproduktionsvorschriften">Abbildungen und Reproduktionsvorschriften</a></li><li><a href="/euro/banknotes/info/html/index.de.html" title="visit page Informations- und Schulungsmaterial">Informations- und Schulungsmaterial</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Münzen"></a><a href="/euro/coins/html/index.de.html" title="visit page Münzen">Münzen</a><ul><li><a href="/euro/coins/2euro/html/index.de.html" title="visit page 2 €">2 €</a></li><li><a href="/euro/coins/1euro/html/index.de.html" title="visit page 1 €">1 €</a></li><li><a href="/euro/coins/50cents/html/index.de.html" title="visit page 50 Cent">50 Cent</a></li><li><a href="/euro/coins/20cents/html/index.de.html" title="visit page 20 Cent">20 Cent</a></li><li><a href="/euro/coins/10cents/html/index.de.html" title="visit page 10 Cent">10 Cent</a></li><li><a href="/euro/coins/5cents/html/index.de.html" title="visit page 5 Cent">5 Cent</a></li><li><a href="/euro/coins/2cents/html/index.de.html" title="visit page 2 Cent">2 Cent</a></li><li><a href="/euro/coins/1cent/html/index.de.html" title="visit page 1 Cent">1 Cent</a></li><li><a href="/euro/coins/common/html/index.de.html" title="visit page Gemeinsame Seiten">Gemeinsame Seiten</a></li><li><a href="/euro/coins/comm/html/index.de.html" title="visit page 2-€-Gedenkmünzen">2-€-Gedenkmünzen</a></li><li><a href="/euro/coins/security/html/index.de.html" title="visit page Sicherheitsmerkmale">Sicherheitsmerkmale</a></li><li><a href="/euro/coins/collect/html/index.de.html" title="visit page Sammlermünzen">Sammlermünzen</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Euro-Bargeldumstellungen"></a><a href="/euro/changeover/html/index.de.html" title="visit page Euro-Bargeldumstellungen">Euro-Bargeldumstellungen</a><ul><li><a href="/euro/changeover/croatia/html/index.de.html" title="visit page Kroatien (2023)">Kroatien (2023)</a></li><li><a href="/euro/changeover/lithuania/html/index.de.html" title="visit page Litauen (2015)">Litauen (2015)</a></li><li><a href="/euro/changeover/latvia/html/index.de.html" title="visit page Lettland (2014)">Lettland (2014)</a></li><li><a href="/euro/changeover/estonia/html/index.de.html" title="visit page Estland (2011)">Estland (2011)</a></li><li><a href="/euro/changeover/slovakia/html/index.de.html" title="visit page Slowakei (2009)">Slowakei (2009)</a></li><li><a href="/euro/changeover/cyprus/html/index.de.html" title="visit page Zypern (2008)">Zypern (2008)</a></li><li><a href="/euro/changeover/malta/html/index.de.html" title="visit page Malta (2008)">Malta (2008)</a></li><li><a href="/euro/changeover/slovenia/html/index.de.html" title="visit page Slowenien (2007)">Slowenien (2007)</a></li><li><a href="/euro/changeover/2002/html/index.de.html" title="visit page Erste Euro-Bargeldumstellung (2002)">Erste Euro-Bargeldumstellung (2002)</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Umtausch von nationalem Bargeld"></a><a href="/euro/exchange/html/index.de.html" title="visit page Umtausch von nationalem Bargeld">Umtausch von nationalem Bargeld</a><ul><li><a href="/euro/exchange/au/html/index.de.html" title="visit page Österreich">Österreich</a></li><li><a href="/euro/exchange/be/html/index.de.html" title="visit page Belgien">Belgien</a></li><li><a href="/euro/exchange/hr/html/index.de.html" title="visit page Kroatien">Kroatien</a></li><li><a href="/euro/exchange/cy/html/index.de.html" title="visit page Zypern">Zypern</a></li><li><a href="/euro/exchange/et/html/index.de.html" title="visit page Estland">Estland</a></li><li><a href="/euro/exchange/fi/html/index.de.html" title="visit page Finnland">Finnland</a></li><li><a href="/euro/exchange/fr/html/index.de.html" title="visit page Frankreich">Frankreich</a></li><li><a href="/euro/exchange/de/html/index.de.html" title="visit page Deutschland">Deutschland</a></li><li><a href="/euro/exchange/gr/html/index.de.html" title="visit page Griechenland">Griechenland</a></li><li><a href="/euro/exchange/ir/html/index.de.html" title="visit page Irland">Irland</a></li><li><a href="/euro/exchange/it/html/index.de.html" title="visit page Italien">Italien</a></li><li><a href="/euro/exchange/lv/html/index.de.html" title="visit page Lettland">Lettland</a></li><li><a href="/euro/exchange/lt/html/index.de.html" title="visit page Litauen">Litauen</a></li><li><a href="/euro/exchange/lu/html/index.de.html" title="visit page Luxemburg">Luxemburg</a></li><li><a href="/euro/exchange/mt/html/index.de.html" title="visit page Malta">Malta</a></li><li><a href="/euro/exchange/nl/html/index.de.html" title="visit page Niederlande">Niederlande</a></li><li><a href="/euro/exchange/pt/html/index.de.html" title="visit page Portugal">Portugal</a></li><li><a href="/euro/exchange/slovakia/html/index.de.html" title="visit page Slowakei">Slowakei</a></li><li><a href="/euro/exchange/sl/html/index.de.html" title="visit page Slowenien">Slowenien</a></li><li><a href="/euro/exchange/es/html/index.de.html" title="visit page Spanien">Spanien</a></li></ul></li><li><a href="/euro/visually/html/index.de.html" title="visit page Für Menschen mit Sehbehinderung">Für Menschen mit Sehbehinderung</a></li></ul></div></li><li class="has-subpages" aria-expanded="false"><a href="#" class="subpages icon" title="toggle subpages for Forschung"></a><a href="/pub/html/index.de.html" title="visit page Forschung">Forschung</a><div class="nav-first-level-wrap"><div class="nav-featured-wrap"><div class="nav-featured"><div class="item"> <div class="title">Forschung</div> <p>Ausführliche Studien und Expertenanalysen zu verschiedenen Themen und Bereichen</p><a href="/pub/html/index.en.html">Forschung bei der EZB – ein Überblick</a> <hr> <div class="nav-title">Direktzugriff</div> <ul>  <li><a href="/press/conferences/html/index.en.html">Konferenzen und Seminare</a></li> <li><a href="/pub/economic-research/programmes/html/index.en.html">Forschungsmöglichkeiten</a></li> </ul> </div><a href="/press/research-publications/resbull/html/index.en.html" class="item image"> <img src="/pub/html/index/research-bulletin_2560x800.jpg" width="357" height="179" loading="lazy" style="object-fit:cover"> <div class="image-caption">Research Bulletin</div> </a></div></div><ul><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Wirtschaftsforschung"></a><a href="/pub/economic-research/html/index.de.html" title="visit page Wirtschaftsforschung">Wirtschaftsforschung</a><ul><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Forschungsagenda"></a><a href="/pub/economic-research/research_agenda/html/index.de.html" title="visit page Forschungsagenda">Forschungsagenda</a><ul><li><a href="/pub/economic-research/research_agenda/monetary_policy/html/index.de.html" title="visit page Geldpolitik, Strategie und Umsetzung">Geldpolitik, Strategie und Umsetzung</a></li><li><a href="/pub/economic-research/research_agenda/fiscal_policy/html/index.de.html" title="visit page Finanzpolitik und Governance in der Wirtschafts- und Währungsunion">Finanzpolitik und Governance in der Wirtschafts- und Währungsunion</a></li><li><a href="/pub/economic-research/research_agenda/international/html/index.de.html" title="visit page Internationale Makroökonomie und internationales Finanzwesen">Internationale Makroökonomie und internationales Finanzwesen</a></li><li><a href="/pub/economic-research/research_agenda/real_sector/html/index.de.html" title="visit page Realwirtschaft und mikroökonomische Analyse">Realwirtschaft und mikroökonomische Analyse</a></li><li><a href="/pub/economic-research/research_agenda/forecasting/html/index.de.html" title="visit page Prognosen und Konjunkturanalyse">Prognosen und Konjunkturanalyse</a></li><li><a href="/pub/economic-research/research_agenda/macro-finance/html/index.de.html" title="visit page Makrofinanzen, systemische Risiken und makroprudenzielle Politik">Makrofinanzen, systemische Risiken und makroprudenzielle Politik</a></li><li><a href="/pub/economic-research/research_agenda/financial_institutions/html/index.de.html" title="visit page Finanzinstitutionen, mikroprudenzielle Politik, Finanzmärkte und Zahlungsverkehr">Finanzinstitutionen, mikroprudenzielle Politik, Finanzmärkte und Zahlungsverkehr</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Forschungsprogramme und -stipendien"></a><a href="/pub/economic-research/programmes/html/index.de.html" title="visit page Forschungsprogramme und -stipendien">Forschungsprogramme und -stipendien</a><ul><li><a href="/pub/economic-research/programmes/duisenberg/html/index.de.html" title="visit page Wim Duisenberg Fellowship">Wim Duisenberg Fellowship</a></li><li><a href="/pub/economic-research/programmes/visitors/html/index.de.html" title="visit page Gastforscherprogramm">Gastforscherprogramm</a></li><li><a href="/pub/economic-research/programmes/lamfalussy/html/index.de.html" title="visit page Lamfalussy Fellowship">Lamfalussy Fellowship</a></li><li><a href="/pub/economic-research/programmes/graduate/html/index.de.html" title="visit page Summer Research Graduate Programme">Summer Research Graduate Programme</a></li><li><a href="/pub/economic-research/programmes/traineeship/html/index.de.html" title="visit page Student Research Traineeship Programme">Student Research Traineeship Programme</a></li></ul></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Rechtsforschung"></a><a href="/pub/legal-research/html/index.de.html" title="visit page Rechtsforschung">Rechtsforschung</a><ul><li><a href="/pub/legal-research/legal-conferences-and-seminars/html/index.de.html" title="visit page Rechtskonferenzen und -seminare">Rechtskonferenzen und -seminare</a></li><li><a href="/pub/legal-research/legal-research-programme/html/index.de.html" title="visit page Forschungsprogramm Recht">Forschungsprogramm Recht</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Wissenschaftliche Veröffentlichungen"></a><a href="/pub/research/html/index.de.html" title="visit page Wissenschaftliche Veröffentlichungen">Wissenschaftliche Veröffentlichungen</a><ul><li><a href="/pub/research/authors/html/index.de.html" title="visit page Autorenverzeichnis">Autorenverzeichnis</a></li></ul></li><li><a href="/pub/researchers/html/index.de.html" title="visit page Forscher der EZB">Forscher der EZB</a></li><li><a href="/pub/research-networks/html/index.de.html" title="visit page Forschungsnetzwerke">Forschungsnetzwerke</a></li></ul></div></li><li class="has-subpages" aria-expanded="false"><a href="#" class="subpages icon" title="toggle subpages for Nachrichten und Publikationen"></a><a href="/press/html/index.de.html" title="visit page Nachrichten und Publikationen">Nachrichten und Publikationen</a><div class="nav-first-level-wrap -nav-in-first-column"><div class="nav-featured-wrap"><div class="nav-featured"> <div class="item"> <div class="title">Nachrichten und Publikationen</div><a href="/press/pubbydate/html/index.en.html">Zu allen Nachrichten und Publikationen</a><hr> </div> </div><ul><li><span>Nachrichten</span></li><li><a href="/press/pr/html/index.de.html">Pressemitteilungen</a></li><li><a href="/press/stats/html/index.de.html">Statistische Pressemitteilungen</a></li><li><a href="/press/key/html/index.de.html">Reden</a></li><li><a href="/press/inter/html/index.de.html">Interviews</a></li><li><a href="/press/blog/html/index.de.html">Der EZB-Blog</a></li><li><a href="/press/tvservices/html/index.de.html">Podcasts und Webcasts</a></li><li><a href="/press/intro/html/index.de.html">Einleitung</a></li><li><a href="/press/contacts/html/index.de.html">Medienkontakt</a></li></ul></div><ul><li><span>Publikationen</span></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Beschlüsse des EZB-Rats"></a><a href="/press/govcdec/html/index.de.html" title="visit page Beschlüsse des EZB-Rats">Beschlüsse des EZB-Rats</a><ul><li><a href="/press/govcdec/mopo/html/index.de.html" title="visit page Geldpolitische Beschlüsse">Geldpolitische Beschlüsse</a></li><li><a href="/press/govcdec/otherdec/html/index.de.html" title="visit page Sonstige Beschlüsse">Sonstige Beschlüsse</a></li></ul></li><li><a href="/press/accounts/html/index.de.html" title="visit page Zusammenfassungen der geldpolitischen Sitzungen">Zusammenfassungen der geldpolitischen Sitzungen</a></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Wirtschaftsbericht"></a><a href="/press/economic-bulletin/html/index.de.html" title="visit page Wirtschaftsbericht">Wirtschaftsbericht</a><ul><li><a href="/press/economic-bulletin/articles/html/index.de.html" title="visit page Aufsätze">Aufsätze</a></li><li><a href="/press/economic-bulletin/focus/html/index.de.html" title="visit page Im Fokus">Im Fokus</a></li><li><a href="/press/economic-bulletin/mb/html/index.de.html" title="visit page Monatsbericht">Monatsbericht</a></li></ul></li><li><a href="/press/projections/html/index.de.html" title="visit page Gesamtwirtschaftliche Projektionen">Gesamtwirtschaftliche Projektionen</a></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Jahresberichte und Wochenausweise"></a><a href="/press/annual-reports-financial-statements/html/index.de.html" title="visit page Jahresberichte und Wochenausweise">Jahresberichte und Wochenausweise</a><ul><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Jahresbericht"></a><a href="/press/annual-reports-financial-statements/annual/html/index.de.html" title="visit page Jahresbericht">Jahresbericht</a><ul><li><a href="/press/annual-reports-financial-statements/annual/annual-accounts/html/index.de.html" title="visit page Jahresabschluss">Jahresabschluss</a></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Bilanz des Eurosystems"></a><a href="/press/annual-reports-financial-statements/annual/balance/html/index.de.html" title="visit page Bilanz des Eurosystems">Bilanz des Eurosystems</a><ul><li><a href="/press/annual-reports-financial-statements/annual/balance/mpo/html/index.de.html" title="visit page Geldpolitische Geschäfte">Geldpolitische Geschäfte</a></li></ul></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Wochenausweise"></a><a href="/press/annual-reports-financial-statements/wfs/html/index.de.html" title="visit page Wochenausweise">Wochenausweise</a><ul><li><a href="/press/annual-reports-financial-statements/wfs/dis/html/index.de.html" title="visit page Aufgeschlüsselte Daten">Aufgeschlüsselte Daten</a></li></ul></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Publikationen zur Finanzstabilität"></a><a href="/press/financial-stability-publications/html/index.de.html" title="visit page Publikationen zur Finanzstabilität">Publikationen zur Finanzstabilität</a><ul><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Finanzstabilitätsbericht"></a><a href="/press/financial-stability-publications/fsr/html/index.de.html" title="visit page Finanzstabilitätsbericht">Finanzstabilitätsbericht</a><ul><li><a href="/press/financial-stability-publications/fsr/special/html/index.de.html" title="visit page Sonderaufsätze">Sonderaufsätze</a></li></ul></li><li><a href="/press/financial-stability-publications/macroprudential-bulletin/html/index.de.html" title="visit page Macroprudential Bulletin">Macroprudential Bulletin</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Wissenschaftliche Veröffentlichungen"></a><a href="/press/research-publications/html/index.de.html" title="visit page Wissenschaftliche Veröffentlichungen">Wissenschaftliche Veröffentlichungen</a><ul><li><a href="/press/research-publications/resbull/html/index.de.html" title="visit page Research Bulletin">Research Bulletin</a></li><li><a href="/press/research-publications/working-papers/html/index.de.html" title="visit page Working Papers">Working Papers</a></li><li><a href="/press/research-publications/discussion-papers/html/index.de.html" title="visit page Discussion Papers">Discussion Papers</a></li><li><a href="/press/research-publications/occasional-papers/html/index.de.html" title="visit page Occasional Papers">Occasional Papers</a></li><li><a href="/press/research-publications/legal-working-papers/html/index.de.html" title="visit page Legal Working Papers">Legal Working Papers</a></li><li><a href="/press/research-publications/statistics-papers/html/index.de.html" title="visit page Statistics Papers">Statistics Papers</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Sonstige Publikationen"></a><a href="/press/other-publications/html/index.de.html" title="visit page Sonstige Publikationen">Sonstige Publikationen</a><ul><li><a href="/press/other-publications/mep-letters/html/index.de.html" title="visit page Schreiben an Mitglieder des Europäischen Parlaments">Schreiben an Mitglieder des Europäischen Parlaments</a></li><li><a href="/press/other-publications/convergence/html/index.de.html" title="visit page Konvergenzbericht">Konvergenzbericht</a></li><li><a href="/press/other-publications/ire/html/index.de.html" title="visit page Internationale Rolle des Euro">Internationale Rolle des Euro</a></li></ul></li><li><span>Veranstaltungen und Terminkalender</span></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Pressekonferenz"></a><a href="/press/press_conference/html/index.de.html" title="visit page Pressekonferenz">Pressekonferenz</a><ul><li><a href="/press/press_conference/monetary-policy-statement/html/index.de.html" title="visit page Pressekonferenzen">Pressekonferenzen</a></li><li><a href="/press/press_conference/visual-mps/html/index.de.html" title="visit page Erklärung zur Geldpolitik auf einen Blick">Erklärung zur Geldpolitik auf einen Blick</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Konferenzen und Seminare"></a><a href="/press/conferences/html/index.de.html" title="visit page Konferenzen und Seminare">Konferenzen und Seminare</a><ul><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Forum on Central Banking"></a><a href="/press/conferences/ecbforum/html/index.de.html" title="visit page Forum on Central Banking">Forum on Central Banking</a><ul><li><a href="/press/conferences/ecbforum/YE_competition/html/index.de.html" title="visit page Preis für junge Wirtschaftstalente">Preis für junge Wirtschaftstalente</a></li><li><a href="/press/conferences/ecbforum/previous_fora/html/index.de.html" title="visit page Veranstaltungsrückblick">Veranstaltungsrückblick</a></li></ul></li><li><a href="/press/conferences/civil_society_engagement/html/index.de.html" title="visit page Einbeziehung der Zivilgesellschaft">Einbeziehung der Zivilgesellschaft</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Terminkalender"></a><a href="/press/calendars/html/index.de.html" title="visit page Terminkalender">Terminkalender</a><ul><li><a href="/press/calendars/weekly/html/index.de.html" title="visit page Wochenüberblick">Wochenüberblick</a></li><li><a href="/press/calendars/mgcgc/html/index.de.html" title="visit page Sitzungen des EZB-Rats und des Erweiterten Rats">Sitzungen des EZB-Rats und des Erweiterten Rats</a></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Statistische Veröffentlichungstermine"></a><a href="/press/calendars/statscal/html/index.de.html" title="visit page Statistische Veröffentlichungstermine">Statistische Veröffentlichungstermine</a><ul><li><a href="/press/calendars/statscal/mfm/html/index.de.html" title="visit page Geld-, Banken- und Finanzmärkte">Geld-, Banken- und Finanzmärkte</a></li><li><a href="/press/calendars/statscal/eaa/html/index.de.html" title="visit page Konten des Euroraums">Konten des Euroraums</a></li><li><a href="/press/calendars/statscal/ext/html/index.de.html" title="visit page Außenwirtschaft">Außenwirtschaft</a></li><li><a href="/press/calendars/statscal/ges/html/index.de.html" title="visit page Preise, Produktion, Nachfrage und Arbeitsmärkte">Preise, Produktion, Nachfrage und Arbeitsmärkte</a></li><li><a href="/press/calendars/statscal/gf/html/index.de.html" title="visit page Öffentliche Finanzen">Öffentliche Finanzen</a></li><li><a href="/press/calendars/statscal/sps/html/index.de.html" title="visit page Aufsichtliche und regulatorische Statistiken">Aufsichtliche und regulatorische Statistiken</a></li></ul></li><li><a href="/press/calendars/caleu/html/index.de.html" title="visit page Tenderoperationen des Eurosystems">Tenderoperationen des Eurosystems</a></li><li><a href="/press/calendars/reserve/html/index.de.html" title="visit page Mindestreserve-Erfüllungsperioden">Mindestreserve-Erfüllungsperioden</a></li></ul></li></ul></div></li><li class="-ssm" aria-expanded="false"><a href="https://www.bankingsupervision.europa.eu/home/html/index.de.html" title="visit page Bankenaufsicht">Bankenaufsicht<i class="external"></i></a></li></ul></div><div id="topnav"><ul><li class="has-subpages" aria-expanded="false"><a href="#" class="subpages icon" title="toggle subpages for Über uns"></a><a href="/ecb/html/index.de.html" title="visit page Über uns">Über uns</a><div class="nav-first-level-wrap"><div class="nav-featured-wrap"><div class="nav-featured"> <div class="item"> <div class="title">Über uns</div> <a href="/ecb">Overview of Über uns</a><hr> </div> </div></div><ul><li><a href="/ecb/all-about-us/html/index.de.html" title="visit page Über uns">Über uns</a></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Beschlussorgane"></a><a href="/ecb/decisions/html/index.de.html" title="visit page Beschlussorgane">Beschlussorgane</a><ul><li><a href="/ecb/decisions/eb/html/index.de.html" title="visit page Direktorium">Direktorium</a></li><li><a href="/ecb/decisions/govc/html/index.de.html" title="visit page EZB-Rat">EZB-Rat</a></li><li><a href="/ecb/decisions/genc/html/index.de.html" title="visit page Erweiterter Rat">Erweiterter Rat</a></li><li><a href="/ecb/decisions/ssm/html/index.de.html" title="visit page Aufsichtsgremium">Aufsichtsgremium</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Organisation"></a><a href="/ecb/orga/html/index.de.html" title="visit page Organisation">Organisation</a><ul><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for EZB, ESZB und Eurosystem"></a><a href="/ecb/orga/escb/html/index.de.html" title="visit page EZB, ESZB und Eurosystem">EZB, ESZB und Eurosystem</a><ul><li><a href="/ecb/orga/escb/ecb-mission/html/index.de.html" title="visit page Leitbild der EZB">Leitbild der EZB</a></li><li><a href="/ecb/orga/escb/eurosystem-mission/html/index.de.html" title="visit page Leitbild des Eurosystems">Leitbild des Eurosystems</a></li><li><a href="/ecb/orga/escb/strategic-intents/html/index.de.html" title="visit page Strategische Leitlinien">Strategische Leitlinien</a></li><li><a href="/ecb/orga/escb/organisational-principles/html/index.de.html" title="visit page Organisatorische Grundsätze">Organisatorische Grundsätze</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Aufgaben"></a><a href="/ecb/orga/tasks/html/index.de.html" title="visit page Aufgaben">Aufgaben</a><ul><li><a href="/ecb/orga/tasks/monpol/html/index.de.html" title="visit page Geldpolitik">Geldpolitik</a></li><li><a href="/ecb/orga/tasks/statistics/html/index.de.html" title="visit page Statistik">Statistik</a></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Finanzstabilität und makroprudenzielle Politik"></a><a href="/ecb/orga/tasks/stability/html/index.de.html" title="visit page Finanzstabilität und makroprudenzielle Politik">Finanzstabilität und makroprudenzielle Politik</a><ul><li><a href="/ecb/orga/tasks/stability/tasks/html/index.de.html" title="visit page Unsere Aufgaben">Unsere Aufgaben</a></li><li><a href="/ecb/orga/tasks/stability/strategy/html/index.de.html" title="visit page Strategie">Strategie</a></li><li><a href="/ecb/orga/tasks/stability/framework/html/index.de.html" title="visit page Institutioneller Rahmen">Institutioneller Rahmen</a></li></ul></li><li><a href="/ecb/orga/tasks/euro/html/index.de.html" title="visit page Banknoten">Banknoten</a></li><li><a href="/ecb/orga/tasks/paym/html/index.de.html" title="visit page Zahlungsverkehr und Wertpapiere">Zahlungsverkehr und Wertpapiere</a></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Europäische Beziehungen"></a><a href="/ecb/orga/tasks/europe/html/index.de.html" title="visit page Europäische Beziehungen">Europäische Beziehungen</a><ul><li><a href="/ecb/orga/tasks/europe/cooperation/html/index.de.html" title="visit page Zusammenarbeit in Europa">Zusammenarbeit in Europa</a></li><li><a href="/ecb/orga/tasks/europe/emu/html/index.de.html" title="visit page Handlungsrahmen der WWU">Handlungsrahmen der WWU</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Internationale Angelegenheiten"></a><a href="/ecb/orga/tasks/international/html/index.de.html" title="visit page Internationale Angelegenheiten">Internationale Angelegenheiten</a><ul><li><a href="/ecb/orga/tasks/international/institutions/html/index.de.html" title="visit page Internationale Beziehungen und Analysen">Internationale Beziehungen und Analysen</a></li><li><a href="/ecb/orga/tasks/international/financialarchitecture/html/index.de.html" title="visit page Internationale Zentralbankkooperation">Internationale Zentralbankkooperation</a></li></ul></li><li><a href="/ecb/orga/tasks/reserves/html/index.de.html" title="visit page Währungsreserven und Eigenmittel">Währungsreserven und Eigenmittel</a></li><li><a href="/ecb/orga/tasks/forex/html/index.de.html" title="visit page Devisengeschäfte">Devisengeschäfte</a></li></ul></li><li><a href="/ecb/orga/orgachart/html/index.de.html" title="visit page Organigramm der EZB">Organigramm der EZB</a></li><li><a href="/ecb/orga/capital/html/index.de.html" title="visit page Kapitalzeichnung">Kapitalzeichnung</a></li><li><a href="/ecb/orga/governance/html/index.de.html" title="visit page Institutionelle Governance">Institutionelle Governance</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Unsere Werte"></a><a href="/ecb/our-values/html/index.de.html" title="visit page Unsere Werte">Unsere Werte</a><ul><li><a href="/ecb/our-values/independence/html/index.de.html" title="visit page Unabhängigkeit">Unabhängigkeit</a></li><li><a href="/ecb/our-values/transparency/html/index.de.html" title="visit page Transparenz">Transparenz</a></li><li><a href="/ecb/our-values/accountability/html/index.de.html" title="visit page Rechenschaftspflicht">Rechenschaftspflicht</a></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Ethisches Arbeiten, geleitet von Integrität"></a><a href="/ecb/our-values/ethics/html/index.de.html" title="visit page Ethisches Arbeiten, geleitet von Integrität">Ethisches Arbeiten, geleitet von Integrität</a><ul><li><a href="/ecb/our-values/ethics/enmo/html/index.de.html" title="visit page Ethiknetzwerk multilateraler Organisationen (ENMO)">Ethiknetzwerk multilateraler Organisationen (ENMO)</a></li></ul></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Unsere Geschichte, Kunst und Kultur"></a><a href="/ecb/history-arts-culture/html/index.de.html" title="visit page Unsere Geschichte, Kunst und Kultur">Unsere Geschichte, Kunst und Kultur</a><ul><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Unsere Geschichte"></a><a href="/ecb/history-arts-culture/history/html/index.de.html" title="visit page Unsere Geschichte">Unsere Geschichte</a><ul><li><a href="/ecb/history-arts-culture/history/25-year-anniversary-of-the-ecb/html/index.de.html" title="visit page 25 Jahre EZB">25 Jahre EZB</a></li><li><a href="/ecb/history-arts-culture/history/emu/html/index.de.html" title="visit page Wirtschafts- und Währungsunion">Wirtschafts- und Währungsunion</a></li><li><a href="/ecb/history-arts-culture/history/enlargement/html/index.de.html" title="visit page EU-Erweiterung">EU-Erweiterung</a></li><li><a href="/ecb/history-arts-culture/history/ec/html/index.de.html" title="visit page Europäische Union">Europäische Union</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Archiv"></a><a href="/ecb/history-arts-culture/archives/html/index.de.html" title="visit page Archiv">Archiv</a><ul><li><a href="/ecb/history-arts-culture/archives/cog/html/index.de.html" title="visit page Ausschuss der Zentralbankpräsidenten">Ausschuss der Zentralbankpräsidenten</a></li><li><a href="/ecb/history-arts-culture/archives/emcf/html/index.de.html" title="visit page Europäischer Fonds für währungspolitische Zusammenarbeit">Europäischer Fonds für währungspolitische Zusammenarbeit</a></li><li><a href="/ecb/history-arts-culture/archives/delors/html/index.de.html" title="visit page Delors-Ausschuss">Delors-Ausschuss</a></li><li><a href="/ecb/history-arts-culture/archives/emi/html/index.de.html" title="visit page Europäisches Währungsinstitut">Europäisches Währungsinstitut</a></li><li><a href="/ecb/history-arts-culture/archives/european/html/index.de.html" title="visit page Europäische Zentralbank">Europäische Zentralbank</a></li></ul></li><li><a href="/ecb/history-arts-culture/artsculture/html/index.de.html" title="visit page Kunst und Kultur">Kunst und Kultur</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Rechtlicher Rahmen"></a><a href="/ecb/legal/html/index.de.html" title="visit page Rechtlicher Rahmen">Rechtlicher Rahmen</a><ul><li><a href="/ecb/legal/faqs/html/index.de.html" title="visit page Häufig gestellte Fragen">Häufig gestellte Fragen</a></li><li><a href="/ecb/legal/fsla/html/index.de.html" title="visit page Häufig gesuchte Rechtsakte">Häufig gesuchte Rechtsakte</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Klimawandel und die EZB"></a><a href="/ecb/climate/html/index.de.html" title="visit page Klimawandel und die EZB">Klimawandel und die EZB</a><ul><li><a href="/ecb/climate/our-climate-and-nature-plan/html/index.de.html" title="visit page Unser Klima- und Umweltplan">Unser Klima- und Umweltplan</a></li><li><a href="/ecb/climate/climate-related-financial-disclosures/html/index.de.html" title="visit page Offenlegungen klimabezogener Finanzinformationen">Offenlegungen klimabezogener Finanzinformationen</a></li><li><a href="/ecb/climate/managing_mitigating_climatel_risk/html/index.de.html" title="visit page Steuerung von Klimarisiken">Steuerung von Klimarisiken</a></li><li><a href="/ecb/climate/green_transition/html/index.de.html" title="visit page Unterstützung des grünen Wandels">Unterstützung des grünen Wandels</a></li><li><a href="/ecb/climate/wider_action/html/index.de.html" title="visit page Förderung weitergehender Maßnahmen">Förderung weitergehender Maßnahmen</a></li><li><a href="/ecb/climate/our_approach/html/index.de.html" title="visit page Unser Ansatz">Unser Ansatz</a></li><li><a href="/ecb/climate/green/html/index.de.html" title="visit page Umweltschutz">Umweltschutz</a></li><li><a href="/ecb/climate/climate/html/index.de.html" title="visit page Lücke im Klimaversicherungsschutz">Lücke im Klimaversicherungsschutz</a></li></ul></li><li><a href="/ecb/sanctions/html/index.de.html" title="visit page Von der EZB verhängte Sanktionen">Von der EZB verhängte Sanktionen</a></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Beschaffung"></a><a href="/ecb/jobsproc/html/index.de.html" title="visit page Beschaffung">Beschaffung</a><ul><li><a href="/ecb/jobsproc/tenders/html/index.de.html" title="visit page Ausschreibungen">Ausschreibungen</a></li><li><a href="/ecb/jobsproc/archive/html/index.de.html" title="visit page Archiv">Archiv</a></li><li><a href="/ecb/jobsproc/sourcing/html/index.de.html" title="visit page Elektronisches Ausschreibungssystem">Elektronisches Ausschreibungssystem</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Zugang zu Dokumenten"></a><a href="/ecb/access_to_documents/html/index.de.html" title="visit page Zugang zu Dokumenten">Zugang zu Dokumenten</a><ul><li><a href="/ecb/access_to_documents/document/html/index.de.html" title="visit page Öffentliches Dokumentenverzeichnis">Öffentliches Dokumentenverzeichnis</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Kontakt"></a><a href="/ecb/contacts/html/index.de.html" title="visit page Kontakt">Kontakt</a><ul><li><a href="/ecb/contacts/address/html/index.de.html" title="visit page Anschrift">Anschrift</a></li><li><a href="/ecb/contacts/working-hours/html/index.de.html" title="visit page Bürozeiten">Bürozeiten</a></li></ul></li></ul></div></li><li class="has-subpages" aria-expanded="false"><a href="#" class="subpages icon" title="toggle subpages for ECB & You"></a><a href="/ecb-and-you/html/index.de.html" title="visit page ECB & You">ECB & You</a><div class="nav-first-level-wrap"><div class="nav-featured-wrap"><div class="nav-featured"> <div class="item"> <div class="title">ECB & You</div> <a href="/ecb-and-you">Overview of ECB & You</a><hr> </div> </div></div><ul><li><a href="/ecb-and-you/educational/html/index.de.html" title="visit page Bildungsangebot">Bildungsangebot</a></li><li><a href="/ecb-and-you/explainers/html/index.de.html" title="visit page Wissenswertes">Wissenswertes</a></li><li><a href="/ecb-and-you/test-your-knowledge/html/index.de.html" title="visit page Teste dein Wissen">Teste dein Wissen</a></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Initiativen für junge Leute"></a><a href="/ecb-and-you/youth-initiatives/html/index.de.html" title="visit page Initiativen für junge Leute">Initiativen für junge Leute</a><ul><li><a href="/ecb-and-you/youth-initiatives/girls_it_bootcamp/html/index.de.html" title="visit page IT-Bootcamp für Mädchen">IT-Bootcamp für Mädchen</a></li></ul></li><li><a href="/ecb-and-you/everyone-needs-stability/html/index.de.html" title="visit page Wir alle brauchen Stabilität">Wir alle brauchen Stabilität</a></li><li><a href="/ecb-and-you/ecb_and_you/html/index.de.html" title="visit page ECB & You">ECB & You</a></li><li><a href="/ecb-and-you/ask_us/html/index.de.html" title="visit page Haben Sie Fragen?">Haben Sie Fragen?</a></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Besuchen Sie uns"></a><a href="/ecb-and-you/visits/html/index.de.html" title="visit page Besuchen Sie uns">Besuchen Sie uns</a><ul><li><a href="/ecb-and-you/visits/premises/html/index.de.html" title="visit page Hauptgebäude">Hauptgebäude</a></li></ul></li></ul></div></li><li class="has-subpages" aria-expanded="false"><a href="#" class="subpages icon" title="toggle subpages for Karriere"></a><a href="/careers/html/index.de.html" title="visit page Karriere">Karriere</a><div class="nav-first-level-wrap"><div class="nav-featured-wrap"><div class="nav-featured"> <div class="item"> <div class="title">Karriere</div> <a href="/careers">Overview of Karriere</a><hr> </div> </div></div><ul><li><a href="/careers/all-about-careers/html/index.de.html" title="visit page Karriere">Karriere</a></li><li><a href="/careers/vacancies/html/index.de.html" title="visit page Stellenangebote">Stellenangebote</a></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Wer wir sind"></a><a href="/careers/working-at-the-ecb/html/index.de.html" title="visit page Wer wir sind">Wer wir sind</a><ul><li><a href="/careers/working-at-the-ecb/about/html/index.de.html" title="visit page Über die EZB">Über die EZB</a></li><li><a href="/careers/working-at-the-ecb/employee-portraits/html/index.de.html" title="visit page Mitarbeiter-Statements">Mitarbeiter-Statements</a></li><li><a href="/careers/working-at-the-ecb/life-in-frankfurt/html/index.de.html" title="visit page Leben in Frankfurt">Leben in Frankfurt</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Warum wir Diversität schätzen"></a><a href="/careers/why-we-value-diversity/html/index.de.html" title="visit page Warum wir Diversität schätzen">Warum wir Diversität schätzen</a><ul><li><a href="/careers/why-we-value-diversity/women/html/index.de.html" title="visit page Women@ECB">Women@ECB</a></li><li><a href="/careers/why-we-value-diversity/diversity-networks/html/index.de.html" title="visit page Diversitätsnetzwerke">Diversitätsnetzwerke</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Was wir bieten"></a><a href="/careers/what-we-offer/html/index.de.html" title="visit page Was wir bieten">Was wir bieten</a><ul><li><a href="/careers/what-we-offer/benefits/html/index.de.html" title="visit page Leistungen und Zulagen">Leistungen und Zulagen</a></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Vertragsarten"></a><a href="/careers/what-we-offer/contract/html/index.de.html" title="visit page Vertragsarten">Vertragsarten</a><ul><li><a href="/careers/what-we-offer/contract/fixed/html/index.de.html" title="visit page Befristeter Vertrag">Befristeter Vertrag</a></li><li><a href="/careers/what-we-offer/contract/short/html/index.de.html" title="visit page Kurzzeitvertrag">Kurzzeitvertrag</a></li><li><a href="/careers/what-we-offer/contract/escb/html/index.de.html" title="visit page ESZB/IO">ESZB/IO</a></li><li><a href="/careers/what-we-offer/contract/other/html/index.de.html" title="visit page Sonstige">Sonstige</a></li></ul></li><li><a href="/careers/what-we-offer/traineeship/html/index.de.html" title="visit page Praktikum">Praktikum</a></li><li><a href="/careers/what-we-offer/graduate/html/index.de.html" title="visit page Graduate Programme">Graduate Programme</a></li><li><a href="/careers/what-we-offer/wecs/html/index.de.html" title="visit page Stipendium für Ökonominnen">Stipendium für Ökonominnen</a></li><li><a href="/careers/what-we-offer/ukrainian-scholarship/html/index.de.html" title="visit page EZB-Stipendium für Hochschulabsolventen aus der Ukraine">EZB-Stipendium für Hochschulabsolventen aus der Ukraine</a></li></ul></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Wie Sie Teil des Teams werden"></a><a href="/careers/before-you-apply/html/index.de.html" title="visit page Wie Sie Teil des Teams werden">Wie Sie Teil des Teams werden</a><ul><li><a href="/careers/before-you-apply/how-to-apply/html/index.de.html" title="visit page Wie Sie sich bewerben">Wie Sie sich bewerben</a></li><li><a href="/careers/before-you-apply/how-we-hire/html/index.de.html" title="visit page Wie wir Mitarbeiter einstellen">Wie wir Mitarbeiter einstellen</a></li><li class="has-subpages"><a href="#" class="subpages icon" title="toggle subpages for Neu bei der EZB?"></a><a href="/careers/before-you-apply/newcomers/html/index.de.html" title="visit page Neu bei der EZB?">Neu bei der EZB?</a><ul><li><a href="/careers/before-you-apply/newcomers/fixed-term/html/index.de.html" title="visit page Mitarbeiter mit befristeten Verträgen">Mitarbeiter mit befristeten Verträgen</a></li><li><a href="/careers/before-you-apply/newcomers/short-term/html/index.de.html" title="visit page Mitarbeiter mit Kurzzeitverträgen">Mitarbeiter mit Kurzzeitverträgen</a></li><li><a href="/careers/before-you-apply/newcomers/trainee/html/index.de.html" title="visit page Praktikanten">Praktikanten</a></li><li><a href="/careers/before-you-apply/newcomers/cost-free/html/index.de.html" title="visit page Entsandte Mitarbeiter">Entsandte Mitarbeiter</a></li></ul></li></ul></li><li><a href="/careers/faq/html/index.de.html" title="visit page Häufig gestellte Fragen">Häufig gestellte Fragen</a></li></ul></div></li></ul></div></nav> <div id="page-actions"> <div class="ecb-quickSearch" style="width:100%;"> <form role="search" method="get" style="width:100%;display:flex" onsubmit="return false"> <input type="text" name="search" class="addsearch" id="searchInput" maxlength="300" aria-label="Search" alt="Search" autocomplete="off" /> <a href="#" id="searchButton">Search</a> </form> </div> </div> <button id="toggle-mobile-nav" aria-expanded="false" aria-controls="navwrapper"><span class="sr-only">Menu</span></button> </div> <div id="ecb-breadcrumbscontainer"><div id="ecb-breadcrumbwrapper"><nav id="ecb-breadcrumbs"></nav></div></div> </header> <div id="ecb-mainnavwrapper" style="display: none !important;"></div> <div id="addSearch-container-full"> <div class="blue-bg"> <div class="arrow-top"></div> <div class="section filter-radio"> <div class="tabs-container -white-blue"> <input id="searchAll" name="search-tab-group" type="radio" checked="" onClick="ECB.slow.addSearchApi.filterDate(this.value);" value="all"> <label for="searchAll" class="count-hits-all">ALLE ZEITRÄUME <span class="count-hits"></span></label> <div class="spacer"></div> <input id="searchMonth" name="search-tab-group" type="radio" onClick="ECB.slow.addSearchApi.filterDate(this.value);" value="month"> <label for="searchMonth" class="count-hits-month">VORMONAT <span class="count-hits"></span></label> <div class="spacer"></div> <input id="searchYear" name="search-tab-group" type="radio" onClick="ECB.slow.addSearchApi.filterDate(this.value);" value="year"> <label for="searchYear" class="count-hits-year">VORJAHR <span class="count-hits"></span></label> </div> <div class="tabs-search-options-head"> <div id="text-search-options" class="title-option">Suchoptionen</div> <div id="text-image-preview" class="title-option hidden">Bildvorschau</div> </div> </div> <div class="arrow-bottom"></div> <div class="filter-selection form"> <div class="form-content"> <form> <div> <label for="dropdownSuggestions">Sortieren nach</label> <div id="dropdownFilter" class="dropdown"><span class="icon"></span><select onchange="ECB.slow.addSearchApi.filterDate(this.value)" id="searchFilterDate"> <option value="all" class="count-hits-all">ALLE ZEITRÄUME</option> <option value="month" class="count-hits-month">VORMONAT</option> <option value="year" class="count-hits-year">VORJAHR</option> </select> </div> </div> <div> <label for="dropdownSuggestions" class="space-top">Vorschläge</label> <div id="dropdownSuggestions" class="dropdown"><span class="icon"></span><select onchange="ECB.slow.addSearchApi.initSearch(this.value)" id="searchSuggestion"> <option></option> </select> </div> </div> </form> </div> </div> </div> <div class="white-bg"> <div class="section"> <div class="result-main-panel"><div id="addsearch-api-results"></div> <div class="addsearch-legends-categories"><span id="adcat_home">Startseite</span> <span id="adcat_press">Medien</span> <span id="adcat_explainers">Wissenswertes</span> <span id="adcat_pub">Forschung und Publikationen</span> <span id="adcat_stats">Statistiken</span> <span id="adcat_mopo">Geldpolitik</span> <span id="adcat_euro">Der Euro</span> <span id="adcat_paym">Zahlungsverkehr und Märkte</span> <span id="adcat_career">Karriere</span></div> </div> <div class="result-side-panel"> <div id="addsearch-sidemenu"> <div id="result-suggestions"><span>Vorschläge</span><div id="suggestions-container"> </div> </div> <div id="result-sortBy"><span>Sortieren nach</span><div id="sortby-radio-container"> <div class="addsearch-sortby-radiogroup"> <label> <input id="sort-by-relevance" type="radio" name="sortby-radio-container" onclick="ECB.slow.addSearchApi.sortBy('relevance')" data-field="relevance" data-order="desc" value="" checked="">Relevanz</label> <label> <input id="sort-by-date" type="radio" name="sortby-radio-container" onclick="ECB.slow.addSearchApi.sortBy('date')" data-field="date" data-order="desc" value="">Datum</label> </div> </div> </div> </div> <div id="addsearch-image-container"><a href="#" class="no-icon" target="_blank"><img src="" id="addsearch-image" /></a></div> </div> </div> </div> </div> <div id="main-wrapper" > <div class="header fast image-attribution -small" data-image-webp="/pub/shared/img/header.webp" data-image="/pub/shared/img/header.jpg"> <div data-image="/pub/shared/img/header.jpg" data-image-webp="/pub/shared/img/header.webp" ></div> </div> <aside aria-label="Social media sharing and related content (if available)"> <div id="ecb-social-sharing" class="" tab-index="2"> <ul class="-links"> <li class="-print"><a href="javascript:window.print()" title="Print page"></a></li> </ul> <div class="-separator"></div> <ul class="-links"> <li class="-twitter"><a href="javascript:window.open('https://twitter.com/intent/tweet?url='+location.protocol + '//' + location.host + location.pathname+((document.location.search.search(/\?youtubeID=[a-zA-Z0-9_-]+$/)!=-1&&document.location.search)||''),'_blank','width=600,height=400,menubar=no')" title="Share on X"></a></li> <li class="-facebook"><a href="javascript:window.open('https://www.facebook.com/sharer/sharer.php?u='+location.protocol + '//' + location.host + location.pathname+((document.location.search.search(/\?youtubeID=[a-zA-Z0-9_-]+$/)!=-1&&document.location.search)||''),'_blank','width=600,height=400,menubar=no')" title="Share on Facebook"></a></li> <li class="-linkedin"><a href="javascript:window.open('https://www.linkedin.com/shareArticle?url='+location.protocol + '//' + location.host + location.pathname+((document.location.search.search(/\?youtubeID=[a-zA-Z0-9_-]+$/)!=-1&&document.location.search)||''),'_blank','width=600,height=400,menubar=no')" title="Share on LinkedIn"></a></li> <li class="-email"><a href="javascript:window.open('mailto:?subject=I would like to share this link with you&body=Link to the website of the European Central Bank: '+location.protocol + '//' + location.host + location.pathname+((document.location.search.search(/\?youtubeID=[a-zA-Z0-9_-]+$/)!=-1&&document.location.search)||''))" title="Share by Email"></a></li> </ul> </div> </aside> <main > <div class="toBeUpdated" id="language-not-available">Nicht auf Deutsch verfügbar.</div><div class="title"> <h1>ECB researchers</h1> </div><div class="cards -overlay -four-columns -portrait-img -filter"> <div class="filter"> <div class="wrapper"> <div class="search-input"> <input type="text" placeholder="Enter keyword and filter the list below"> </div> <div class="search-select"> <select onchange="this.options[this.selectedIndex].value && (window.location = this.options[this.selectedIndex].value);"> <option value="/pub/economic-research/researchers/html/researchers.en.html">Filter: All Researchers</option> <option value="/pub/economic-research/researchers/html/researchers_interest.en.html">Filter: By Interest</option> <option value="/pub/economic-research/researchers/html/researchers_ba.en.html">Filter: By Business Area</option> </select> </div> </div> </div> <div class="container"><div class="main-header"> <h2 >A</h2> </div><div class="wrapper"><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/jakob-feveile-adolfsen.en.html" data-label="Englisch"><div class="header"> <div class="title">Adolfsen, Jakob Feveile </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_jakob-feveile-adolfsen.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/senne-aerts.en.html" data-label="Englisch"><div class="header"> <div class="title">Aerts, Senne </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_senne-aerts.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/toni-ahnert.en.html" data-label="Englisch"><div class="header"> <div class="title">Ahnert, Toni </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_toni-ahnert.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/yldz-akkaya.en.html" data-label="Englisch"><div class="header"> <div class="title">Akkaya, Yıldız </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_yldz-akkaya.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/alexander-al-haschimi.en.html" data-label="Englisch"><div class="header"> <div class="title">Al-Haschimi, Alexander </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_alexander-al-haschimi.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/carlo-altavilla.en.html" data-label="Englisch"><div class="header"> <div class="title">Altavilla, Carlo </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_carlo-altavilla.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/miguel-ampudia.en.html" data-label="Englisch"><div class="header"> <div class="title">Ampudia, Miguel </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_miguel-ampudia.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/desislava-andreeva.en.html" data-label="Englisch"><div class="header"> <div class="title">Andreeva, Desislava </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_desislava-andreeva.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/erik-andres-escayola.en.html" data-label="Englisch"><div class="header"> <div class="title">Andres Escayola, Erik </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_erik-andres-escayola.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Communications" href="/pub/research/authors/profiles/siria-angino.en.html" data-label="Englisch"><div class="header"> <div class="title">Angino, Siria </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_siria-angino.jpg"> </div> <p>Communications</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/oscar-arce.en.html" data-label="Englisch"><div class="header"> <div class="title">Arce, Óscar </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_oscar-arce.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Banknotes" href="/pub/research/authors/profiles/sarai-artiles-reyes.en.html" data-label="Englisch"><div class="header"> <div class="title">Artiles Reyes, Sarai </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_sarai-artiles-reyes.jpg"> </div> <p>Banknotes</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/katrin-assenmacher.en.html" data-label="Englisch"><div class="header"> <div class="title">Assenmacher, Katrin </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_katrin-assenmacher.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a></div></div> <div class="container"><div class="main-header"> <h2 >B</h2> </div><div class="wrapper"><a class="box" data-filter-group-term="Legal Services" href="/pub/research/authors/profiles/david-baez-seara.en.html" data-label="Englisch"><div class="header"> <div class="title">Baez Seara, David </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_david-baez-seara.jpg"> </div> <p>Legal Services</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/mirco-balatti.en.html" data-label="Englisch"><div class="header"> <div class="title">Balatti, Mirco </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_mirco-balatti.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/marta-banbura.en.html" data-label="Englisch"><div class="header"> <div class="title">Bańbura, Marta </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_marta-banbura.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/francesca-barbiero.en.html" data-label="Englisch"><div class="header"> <div class="title">Barbiero, Francesca </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_francesca-barbiero.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Secretariat" href="/pub/research/authors/profiles/christian-barontini.en.html" data-label="Englisch"><div class="header"> <div class="title">Barontini, Christian </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_christian-barontini.jpg"> </div> <p>Secretariat</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/claudio-bassi.en.html" data-label="Englisch"><div class="header"> <div class="title">Bassi, Claudio </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_claudio-bassi.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/christoph-basten.en.html" data-label="Englisch"><div class="header"> <div class="title">Basten, Christoph </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_christoph-basten.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/niccolo-battistini.en.html" data-label="Englisch"><div class="header"> <div class="title">Battistini, Niccolò </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_niccolo-battistini.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/ursel-baumann.en.html" data-label="Englisch"><div class="header"> <div class="title">Baumann, Ursel </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_ursel-baumann.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/roland-beck.en.html" data-label="Englisch"><div class="header"> <div class="title">Beck, Roland </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_roland-beck.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/markus-behn.en.html" data-label="Englisch"><div class="header"> <div class="title">Behn, Markus </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_markus-behn.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Communications" href="/pub/research/authors/profiles/carolin-benack.en.html" data-label="Englisch"><div class="header"> <div class="title">Benack, Carolin </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_carolin-benack.jpg"> </div> <p>Communications</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/clemence-berson.en.html" data-label="Englisch"><div class="header"> <div class="title">Berson, Clémence </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_clemence-berson.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Supervisory Strategy & Risk" href="/pub/research/authors/profiles/andreas-beyer.en.html" data-label="Englisch"><div class="header"> <div class="title">Beyer, Andreas </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_andreas-beyer.jpg"> </div> <p>Supervisory Strategy & Risk</p></div> </a><a class="box" data-filter-group-term="Market Infrastructure & Payments" href="/pub/research/authors/profiles/ulrich-bindseil.en.html" data-label="Englisch"><div class="header"> <div class="title">Bindseil, Ulrich </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_ulrich-bindseil.jpg"> </div> <p>Market Infrastructure & Payments</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/matthias-bing.en.html" data-label="Englisch"><div class="header"> <div class="title">Bing, Matthias </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_matthias-bing.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/lea-bitter.en.html" data-label="Englisch"><div class="header"> <div class="title">Bitter, Lea </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_lea-bitter.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/tilman-bletzinger.en.html" data-label="Englisch"><div class="header"> <div class="title">Bletzinger, Tilman </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_tilman-bletzinger.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/elena-bobeica.en.html" data-label="Englisch"><div class="header"> <div class="title">Bobeica, Elena </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_elena-bobeica.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/katalin-bodnar.en.html" data-label="Englisch"><div class="header"> <div class="title">Bodnár, Katalin </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_katalin-bodnar.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/simone-boldrini.en.html" data-label="Englisch"><div class="header"> <div class="title">Boldrini, Simone </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_simone-boldrini.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/diana-bonfim.en.html" data-label="Englisch"><div class="header"> <div class="title">Bonfim, Diana </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_diana-bonfim.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/alexandra-born.en.html" data-label="Englisch"><div class="header"> <div class="title">Born, Alexandra </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_alexandra-born.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/vasco-botelho.en.html" data-label="Englisch"><div class="header"> <div class="title">Botelho, Vasco </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_vasco-botelho.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/othman-bouabdallah.en.html" data-label="Englisch"><div class="header"> <div class="title">Bouabdallah, Othman </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_othman-bouabdallah.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/jean-francois-bouscasse.en.html" data-label="Englisch"><div class="header"> <div class="title">Bouscasse, Jean-François </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_jean-francois-bouscasse.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/claus-brand.en.html" data-label="Englisch"><div class="header"> <div class="title">Brand, Claus </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_claus-brand.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/johannes-breckenfelder.en.html" data-label="Englisch"><div class="header"> <div class="title">Breckenfelder, Johannes </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_johannes-breckenfelder.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/katarzyna-budnik.en.html" data-label="Englisch"><div class="header"> <div class="title">Budnik, Katarzyna </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_katarzyna-budnik.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/lorenzo-burlon.en.html" data-label="Englisch"><div class="header"> <div class="title">Burlon, Lorenzo </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_lorenzo-burlon.jpg"> </div> <p>Monetary Policy</p></div> </a></div></div> <div class="container"><div class="main-header"> <h2 >C</h2> </div><div class="wrapper"><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/michele-ca-zorzi.en.html" data-label="Englisch"><div class="header"> <div class="title">Ca' Zorzi, Michele </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_michele-ca-zorzi.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Risk Management" href="/pub/research/authors/profiles/diego-caballero.en.html" data-label="Englisch"><div class="header"> <div class="title">Caballero, Diego </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_diego-caballero.jpg"> </div> <p>Risk Management</p></div> </a><a class="box" data-filter-group-term="Risk Management" href="/pub/research/authors/profiles/gonzalo-camba-mendez.en.html" data-label="Englisch"><div class="header"> <div class="title">Camba-Méndez, Gonzalo </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_gonzalo-camba-mendez.jpg"> </div> <p>Risk Management</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/giuseppe-cappelletti.en.html" data-label="Englisch"><div class="header"> <div class="title">Cappelletti, Giuseppe </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_giuseppe-cappelletti.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Counsel to the Executive Board" href="/pub/research/authors/profiles/andrej-ceglar.en.html" data-label="Englisch"><div class="header"> <div class="title">Ceglar, Andrej </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_andrej-ceglar.jpg"> </div> <p>Counsel to the Executive Board</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/cristina-checherita-westphal.en.html" data-label="Englisch"><div class="header"> <div class="title">Checherita-Westphal, Cristina </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_cristina-checherita-westphal.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/livia-chitu.en.html" data-label="Englisch"><div class="header"> <div class="title">Chiţu, Livia </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_livia-chitu.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/kai-christoffel.en.html" data-label="Englisch"><div class="header"> <div class="title">Christoffel, Kai </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_kai-christoffel.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/matteo-ciccarelli.en.html" data-label="Englisch"><div class="header"> <div class="title">Ciccarelli, Matteo </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_matteo-ciccarelli.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/jacopo-cimadomo.en.html" data-label="Englisch"><div class="header"> <div class="title">Cimadomo, Jacopo </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_jacopo-cimadomo.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/guenter-coenen.en.html" data-label="Englisch"><div class="header"> <div class="title">Coenen, Günter </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_guenter-coenen.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/agostino-consolo.en.html" data-label="Englisch"><div class="header"> <div class="title">Consolo, Agostino </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_agostino-consolo.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/stefano-corradin.en.html" data-label="Englisch"><div class="header"> <div class="title">Corradin, Stefano </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_stefano-corradin.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/cyril-couaillier.en.html" data-label="Englisch"><div class="header"> <div class="title">Couaillier, Cyril </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_cyril-couaillier.jpg"> </div> <p>Monetary Policy</p></div> </a></div></div> <div class="container"><div class="main-header"> <h2 >D</h2> </div><div class="wrapper"><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/antonio-dias-da-silva.en.html" data-label="Englisch"><div class="header"> <div class="title">Da Silva, António Dias </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_antonio-dias-da-silva.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/rodolfo-dallorto-mas.en.html" data-label="Englisch"><div class="header"> <div class="title">Dall’Orto Mas, Rodolfo </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_rodolfo-dallorto-mas.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Legal Services" href="/pub/research/authors/profiles/maarten-ga-daman.en.html" data-label="Englisch"><div class="header"> <div class="title">Daman, Maarten G.A. </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_maarten-ga-daman.jpg"> </div> <p>Legal Services</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/matthieu-darracq-paries.en.html" data-label="Englisch"><div class="header"> <div class="title">Darracq Pariès, Matthieu </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_matthieu-darracq-paries.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/ernest-dautovic.en.html" data-label="Englisch"><div class="header"> <div class="title">Dautović, Ernest </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_ernest-dautovic.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/roberto-a-de-santis.en.html" data-label="Englisch"><div class="header"> <div class="title">De Santis, Roberto A. </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_roberto-a-de-santis.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/luca-dedola.en.html" data-label="Englisch"><div class="header"> <div class="title">Dedola, Luca </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_luca-dedola.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/tamar-den-besten.en.html" data-label="Englisch"><div class="header"> <div class="title">den Besten, Tamar </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_tamar-den-besten.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/carsten-detken.en.html" data-label="Englisch"><div class="header"> <div class="title">Detken, Carsten </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_carsten-detken.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/paola-di-casola.en.html" data-label="Englisch"><div class="header"> <div class="title">Di Casola, Paola </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_paola-di-casola.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/virginia-di-nino.en.html" data-label="Englisch"><div class="header"> <div class="title">Di Nino, Virginia </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_virginia-di-nino.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/martina-di-sano.en.html" data-label="Englisch"><div class="header"> <div class="title">Di Sano, Martina </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_martina-di-sano.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/daniel-dieckelmann.en.html" data-label="Englisch"><div class="header"> <div class="title">Dieckelmann, Daniel </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_daniel-dieckelmann.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/alistair-dieppe.en.html" data-label="Englisch"><div class="header"> <div class="title">Dieppe, Alistair </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_alistair-dieppe.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/maria-dimou.en.html" data-label="Englisch"><div class="header"> <div class="title">Dimou, Maria </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_maria-dimou.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/maarten-dossche.en.html" data-label="Englisch"><div class="header"> <div class="title">Dossche, Maarten </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_maarten-dossche.jpg"> </div> <p>Economics</p></div> </a></div></div> <div class="container"><div class="main-header"> <h2 >E</h2> </div><div class="wrapper"><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/michael-ehrmann.en.html" data-label="Englisch"><div class="header"> <div class="title">Ehrmann, Michael </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_michael-ehrmann.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/eric-eichler.en.html" data-label="Englisch"><div class="header"> <div class="title">Eichler, Eric </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_eric-eichler.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/tina-emambakhsh.en.html" data-label="Englisch"><div class="header"> <div class="title">Emambakhsh, Tina </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_tina-emambakhsh.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/lorenz-emter.en.html" data-label="Englisch"><div class="header"> <div class="title">Emter, Lorenz </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_lorenz-emter.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Counsel to the Executive Board" href="/pub/research/authors/profiles/fabian-eser.en.html" data-label="Englisch"><div class="header"> <div class="title">Eser, Fabian </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_fabian-eser.jpg"> </div> <p>Counsel to the Executive Board</p></div> </a></div></div> <div class="container"><div class="main-header"> <h2 >F</h2> </div><div class="wrapper"><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/bruno-fagandini.en.html" data-label="Englisch"><div class="header"> <div class="title">Fagandini, Bruno </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_bruno-fagandini.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/stephan-fahr.en.html" data-label="Englisch"><div class="header"> <div class="title">Fahr, Stephan </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_stephan-fahr.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/matteo-falagiarda.en.html" data-label="Englisch"><div class="header"> <div class="title">Falagiarda, Matteo </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_matteo-falagiarda.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Statistics" href="/pub/research/authors/profiles/andrea-falconio.en.html" data-label="Englisch"><div class="header"> <div class="title">Falconio, Andrea </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_andrea-falconio.jpg"> </div> <p>Statistics</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/annalisa-ferrando.en.html" data-label="Englisch"><div class="header"> <div class="title">Ferrando, Annalisa </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_annalisa-ferrando.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Market Operations" href="/pub/research/authors/profiles/federico-maria-ferrara.en.html" data-label="Englisch"><div class="header"> <div class="title">Ferrara, Federico Maria </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_federico-maria-ferrara.jpg"> </div> <p>Market Operations</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/alessandro-ferrari.en.html" data-label="Englisch"><div class="header"> <div class="title">Ferrari, Alessandro </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_alessandro-ferrari.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/massimo-ferrari-minesso.en.html" data-label="Englisch"><div class="header"> <div class="title">Ferrari Minesso, Massimo </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_massimo-ferrari-minesso.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/gianluigi-ferrucci.en.html" data-label="Englisch"><div class="header"> <div class="title">Ferrucci, Gianluigi </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_gianluigi-ferrucci.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/michael-fidora.en.html" data-label="Englisch"><div class="header"> <div class="title">Fidora, Michael </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_michael-fidora.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/daniela-filip.en.html" data-label="Englisch"><div class="header"> <div class="title">Filip, Daniela </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_daniela-filip.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/luis-fonseca.en.html" data-label="Englisch"><div class="header"> <div class="title">Fonseca, Luís </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_luis-fonseca.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Market Operations" href="/pub/research/authors/profiles/pedro-miguel-formoso-da-silva.en.html" data-label="Englisch"><div class="header"> <div class="title">Formoso Da Silva, Pedro Miguel </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_pedro-miguel-formoso-da-silva.jpg"> </div> <p>Market Operations</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/claudia-foroni.en.html" data-label="Englisch"><div class="header"> <div class="title">Foroni, Claudia </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_claudia-foroni.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/maximilian-freier.en.html" data-label="Englisch"><div class="header"> <div class="title">Freier, Maximilian </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_maximilian-freier.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/erik-frohm.en.html" data-label="Englisch"><div class="header"> <div class="title">Frohm, Erik </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_erik-frohm.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Risk Management" href="/pub/research/authors/profiles/adina-elena-fudulache.en.html" data-label="Englisch"><div class="header"> <div class="title">Fudulache, Adina-Elena </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_adina-elena-fudulache.jpg"> </div> <p>Risk Management</p></div> </a></div></div> <div class="container"><div class="main-header"> <h2 >G</h2> </div><div class="wrapper"><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/johannes-gareis.en.html" data-label="Englisch"><div class="header"> <div class="title">Gareis, Johannes </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_johannes-gareis.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/laura-gati.en.html" data-label="Englisch"><div class="header"> <div class="title">Gáti, Laura </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_laura-gati.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/stefan-gebauer.en.html" data-label="Englisch"><div class="header"> <div class="title">Gebauer, Stefan </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_stefan-gebauer.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/dimitris-georgarakos.en.html" data-label="Englisch"><div class="header"> <div class="title">Georgarakos, Dimitris </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_dimitris-georgarakos.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/georgios-georgiadis.en.html" data-label="Englisch"><div class="header"> <div class="title">Georgiadis, Georgios </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_georgios-georgiadis.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/alessandro-giovannini.en.html" data-label="Englisch"><div class="header"> <div class="title">Giovannini, Alessandro </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_alessandro-giovannini.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/margherita-giuzio.en.html" data-label="Englisch"><div class="header"> <div class="title">Giuzio, Margherita </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_margherita-giuzio.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Communications" href="/pub/research/authors/profiles/gabriel-gloeckler.en.html" data-label="Englisch"><div class="header"> <div class="title">Glöckler, Gabriel </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_gabriel-gloeckler.jpg"> </div> <p>Communications</p></div> </a><a class="box" data-filter-group-term="Risk Management" href="/pub/research/authors/profiles/diana-gomes.en.html" data-label="Englisch"><div class="header"> <div class="title">Gomes, Diana </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_diana-gomes.jpg"> </div> <p>Risk Management</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/eduardo-goncalves.en.html" data-label="Englisch"><div class="header"> <div class="title">Gonçalves, Eduardo </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_eduardo-goncalves.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Horizontal Line Supervision" href="/pub/research/authors/profiles/fernando-gonzalez.en.html" data-label="Englisch"><div class="header"> <div class="title">González, Fernando </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_fernando-gonzalez.jpg"> </div> <p>Horizontal Line Supervision</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/paula-gonzalez-escribano.en.html" data-label="Englisch"><div class="header"> <div class="title">González Escribano, Paula </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_paula-gonzalez-escribano.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/adriana-grasso.en.html" data-label="Englisch"><div class="header"> <div class="title">Grasso, Adriana </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_adriana-grasso.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/michael-grill.en.html" data-label="Englisch"><div class="header"> <div class="title">Grill, Michael </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_michael-grill.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/magdalena-grothe.en.html" data-label="Englisch"><div class="header"> <div class="title">Grothe, Magdalena </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_magdalena-grothe.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/vanessa-gunnella.en.html" data-label="Englisch"><div class="header"> <div class="title">Gunnella, Vanessa </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_vanessa-gunnella.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/lucyna-grnicka.en.html" data-label="Englisch"><div class="header"> <div class="title">Gόrnicka, Lucyna </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_lucyna-grnicka.jpg"> </div> <p>Economics</p></div> </a></div></div> <div class="container"><div class="main-header"> <h2 >H</h2> </div><div class="wrapper"><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/maurizio-michael-habib.en.html" data-label="Englisch"><div class="header"> <div class="title">Habib, Maurizio Michael </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_maurizio-michael-habib.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Horizontal Line Supervision" href="/pub/research/authors/profiles/grzegorz-halaj.en.html" data-label="Englisch"><div class="header"> <div class="title">Hałaj, Grzegorz </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_grzegorz-halaj.jpg"> </div> <p>Horizontal Line Supervision</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/philipp-hartmann.en.html" data-label="Englisch"><div class="header"> <div class="title">Hartmann, Philipp </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_philipp-hartmann.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/sebastian-hauptmeier.en.html" data-label="Englisch"><div class="header"> <div class="title">Hauptmeier, Sebastian </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_sebastian-hauptmeier.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/felix-hermes.en.html" data-label="Englisch"><div class="header"> <div class="title">Hermes, Felix </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_felix-hermes.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Specialised Institutions & LSIs" href="/pub/research/authors/profiles/patrick-hess.en.html" data-label="Englisch"><div class="header"> <div class="title">Hess, Patrick </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_patrick-hess.jpg"> </div> <p>Specialised Institutions & LSIs</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/paul-hiebert.en.html" data-label="Englisch"><div class="header"> <div class="title">Hiebert, Paul </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_paul-hiebert.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/marie-hoerova.en.html" data-label="Englisch"><div class="header"> <div class="title">Hoerova, Marie </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_marie-hoerova.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/peter-hoffmann.en.html" data-label="Englisch"><div class="header"> <div class="title">Hoffmann, Peter </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_peter-hoffmann.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/federic-holm-hadulla.en.html" data-label="Englisch"><div class="header"> <div class="title">Holm-Hadulla, Fédéric </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_federic-holm-hadulla.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/sarah-holton.en.html" data-label="Englisch"><div class="header"> <div class="title">Holton, Sarah </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_sarah-holton.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Market Operations" href="/pub/research/authors/profiles/tom-hudepohl.en.html" data-label="Englisch"><div class="header"> <div class="title">Hudepohl, Tom </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_tom-hudepohl.jpg"> </div> <p>Market Operations</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/john-hutchinson.en.html" data-label="Englisch"><div class="header"> <div class="title">Hutchinson, John </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_john-hutchinson.jpg"> </div> <p>Monetary Policy</p></div> </a></div></div> <div class="container"><div class="main-header"> <h2 >I</h2> </div><div class="wrapper"><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/demosthenes-ioannou.en.html" data-label="Englisch"><div class="header"> <div class="title">Ioannou, Demosthenes </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_demosthenes-ioannou.jpg"> </div> <p>International & European Relations</p></div> </a></div></div> <div class="container"><div class="main-header"> <h2 >J</h2> </div><div class="wrapper"><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/ivan-jaccard.en.html" data-label="Englisch"><div class="header"> <div class="title">Jaccard, Ivan </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_ivan-jaccard.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Counsel to the Executive Board" href="/pub/research/authors/profiles/jean-francois-jamet.en.html" data-label="Englisch"><div class="header"> <div class="title">Jamet, Jean-Francois </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_jean-francois-jamet.jpg"> </div> <p>Counsel to the Executive Board</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/barbara-jarmulska.en.html" data-label="Englisch"><div class="header"> <div class="title">Jarmulska, Barbara </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_barbara-jarmulska.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/marek-jarocinski.en.html" data-label="Englisch"><div class="header"> <div class="title">Jarociński, Marek </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_marek-jarocinski.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/alexander-jung.en.html" data-label="Englisch"><div class="header"> <div class="title">Jung, Alexander </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_alexander-jung.jpg"> </div> <p>Monetary Policy</p></div> </a></div></div> <div class="container"><div class="main-header"> <h2 >K</h2> </div><div class="wrapper"><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/christophe-kamps.en.html" data-label="Englisch"><div class="header"> <div class="title">Kamps, Christophe </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_christophe-kamps.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Statistics" href="/pub/research/authors/profiles/andrew-kanutin.en.html" data-label="Englisch"><div class="header"> <div class="title">Kanutin, Andrew </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_andrew-kanutin.jpg"> </div> <p>Statistics</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/sujit-kapadia.en.html" data-label="Englisch"><div class="header"> <div class="title">Kapadia, Sujit </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_sujit-kapadia.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/daniel-kapp.en.html" data-label="Englisch"><div class="header"> <div class="title">Kapp, Daniel </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_daniel-kapp.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/peter-karadi.en.html" data-label="Englisch"><div class="header"> <div class="title">Karadi, Peter </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_peter-karadi.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Market Operations" href="/pub/research/authors/profiles/pamina-karl.en.html" data-label="Englisch"><div class="header"> <div class="title">Karl, Pamina </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_pamina-karl.jpg"> </div> <p>Market Operations</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/christoph-kaufmann.en.html" data-label="Englisch"><div class="header"> <div class="title">Kaufmann, Christoph </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_christoph-kaufmann.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Statistics" href="/pub/research/authors/profiles/ilja-kristian-kavonius.en.html" data-label="Englisch"><div class="header"> <div class="title">Kavonius, Ilja Kristian </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_ilja-kristian-kavonius.jpg"> </div> <p>Statistics</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/geoff-kenny.en.html" data-label="Englisch"><div class="header"> <div class="title">Kenny, Geoff </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_geoff-kenny.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/gerrit-koester.en.html" data-label="Englisch"><div class="header"> <div class="title">Koester, Gerrit </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_gerrit-koester.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/petra-koehler-ulbrich.en.html" data-label="Englisch"><div class="header"> <div class="title">Köhler-Ulbrich, Petra </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_petra-koehler-ulbrich.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Horizontal Line Supervision" href="/pub/research/authors/profiles/christoffer-kok.en.html" data-label="Englisch"><div class="header"> <div class="title">Kok, Christoffer </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_christoffer-kok.jpg"> </div> <p>Horizontal Line Supervision</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/thomas-kostka.en.html" data-label="Englisch"><div class="header"> <div class="title">Kostka, Thomas </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_thomas-kostka.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/omiros-kouvavas.en.html" data-label="Englisch"><div class="header"> <div class="title">Kouvavas, Omiros </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_omiros-kouvavas.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/manfred-kremer.en.html" data-label="Englisch"><div class="header"> <div class="title">Kremer, Manfred </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_manfred-kremer.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/georgi-krustev.en.html" data-label="Englisch"><div class="header"> <div class="title">Krustev, Georgi </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_georgi-krustev.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/friderike-kuik.en.html" data-label="Englisch"><div class="header"> <div class="title">Kuik, Friderike </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_friderike-kuik.jpg"> </div> <p>Economics</p></div> </a></div></div> <div class="container"><div class="main-header"> <h2 >L</h2> </div><div class="wrapper"><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/vincent-labhard.en.html" data-label="Englisch"><div class="header"> <div class="title">Labhard, Vincent </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_vincent-labhard.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/luc-laeven.en.html" data-label="Englisch"><div class="header"> <div class="title">Laeven, Luc </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_luc-laeven.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/sara-lamboglia.en.html" data-label="Englisch"><div class="header"> <div class="title">Lamboglia, Sara </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_sara-lamboglia.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/ana-lamo.en.html" data-label="Englisch"><div class="header"> <div class="title">Lamo, Ana </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_ana-lamo.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/bettina-landau.en.html" data-label="Englisch"><div class="header"> <div class="title">Landau, Bettina </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_bettina-landau.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/sam-langfield.en.html" data-label="Englisch"><div class="header"> <div class="title">Langfield, Sam </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_sam-langfield.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/laura-lebastard.en.html" data-label="Englisch"><div class="header"> <div class="title">Lebastard, Laura </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_laura-lebastard.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/chiara-lelli.en.html" data-label="Englisch"><div class="header"> <div class="title">Lelli, Chiara </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_chiara-lelli.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/wolfgang-lemke.en.html" data-label="Englisch"><div class="header"> <div class="title">Lemke, Wolfgang </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_wolfgang-lemke.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/michele-lenza.en.html" data-label="Englisch"><div class="header"> <div class="title">Lenza, Michele </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_michele-lenza.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/agnese-leonello.en.html" data-label="Englisch"><div class="header"> <div class="title">Leonello, Agnese </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_agnese-leonello.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Horizontal Line Supervision" href="/pub/research/authors/profiles/massimo-libertucci.en.html" data-label="Englisch"><div class="header"> <div class="title">Libertucci, Massimo </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_massimo-libertucci.jpg"> </div> <p>Horizontal Line Supervision</p></div> </a><a class="box" data-filter-group-term="Market Operations" href="/pub/research/authors/profiles/tobias-linzert.en.html" data-label="Englisch"><div class="header"> <div class="title">Linzert, Tobias </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_tobias-linzert.jpg"> </div> <p>Market Operations</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/eliza-lis.en.html" data-label="Englisch"><div class="header"> <div class="title">Lis, Eliza </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_eliza-lis.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/marco-lo-duca.en.html" data-label="Englisch"><div class="header"> <div class="title">Lo Duca, Marco </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_marco-lo-duca.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/paloma-lopez-garcia.en.html" data-label="Englisch"><div class="header"> <div class="title">Lopez-Garcia, Paloma </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_paloma-lopez-garcia.jpg"> </div> <p>Economics</p></div> </a></div></div> <div class="container"><div class="main-header"> <h2 >M</h2> </div><div class="wrapper"><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/bartosz-mackowiak.en.html" data-label="Englisch"><div class="header"> <div class="title">Maćkowiak, Bartosz </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_bartosz-mackowiak.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/angela-maddaloni.en.html" data-label="Englisch"><div class="header"> <div class="title">Maddaloni, Angela </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_angela-maddaloni.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/simone-manganelli.en.html" data-label="Englisch"><div class="header"> <div class="title">Manganelli, Simone </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_simone-manganelli.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/david-marques-ibanez.en.html" data-label="Englisch"><div class="header"> <div class="title">Marqués-Ibáñez, David </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_david-marques-ibanez.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Supervisory Strategy & Risk" href="/pub/research/authors/profiles/natalia-martin-fuentes.en.html" data-label="Englisch"><div class="header"> <div class="title">Martín Fuentes, Natalia </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_natalia-martin-fuentes.jpg"> </div> <p>Supervisory Strategy & Risk</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/catalina-martinez-hernandez.en.html" data-label="Englisch"><div class="header"> <div class="title">Martínez Hernández, Catalina </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_catalina-martinez-hernandez.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/franziska-maruhn.en.html" data-label="Englisch"><div class="header"> <div class="title">Maruhn, Franziska </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_franziska-maruhn.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/klaus-masuch.en.html" data-label="Englisch"><div class="header"> <div class="title">Masuch, Klaus </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_klaus-masuch.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/falk-mazelis.en.html" data-label="Englisch"><div class="header"> <div class="title">Mazelis, Falk </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_falk-mazelis.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/thomas-mcgregor.en.html" data-label="Englisch"><div class="header"> <div class="title">McGregor, Thomas </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_thomas-mcgregor.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/peter-mcquade.en.html" data-label="Englisch"><div class="header"> <div class="title">McQuade, Peter </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_peter-mcquade.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Counsel to the Executive Board" href="/pub/research/authors/profiles/simon-mee.en.html" data-label="Englisch"><div class="header"> <div class="title">Mee, Simon </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_simon-mee.jpg"> </div> <p>Counsel to the Executive Board</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/arnaud-mehl.en.html" data-label="Englisch"><div class="header"> <div class="title">Mehl, Arnaud </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_arnaud-mehl.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/caterina-mendicino.en.html" data-label="Englisch"><div class="header"> <div class="title">Mendicino, Caterina </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_caterina-mendicino.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/justus-meyer.en.html" data-label="Englisch"><div class="header"> <div class="title">Meyer, Justus </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_justus-meyer.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/aidan-meyler.en.html" data-label="Englisch"><div class="header"> <div class="title">Meyler, Aidan </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_aidan-meyler.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Counsel to the Executive Board" href="/pub/research/authors/profiles/katri-mikkonen.en.html" data-label="Englisch"><div class="header"> <div class="title">Mikkonen, Katri </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_katri-mikkonen.jpg"> </div> <p>Counsel to the Executive Board</p></div> </a><a class="box" data-filter-group-term="Market Operations" href="/pub/research/authors/profiles/luca-mingarelli.en.html" data-label="Englisch"><div class="header"> <div class="title">Mingarelli, Luca </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_luca-mingarelli.jpg"> </div> <p>Market Operations</p></div> </a><a class="box" data-filter-group-term="On-site & Internal Model Inspections" href="/pub/research/authors/profiles/ixart-miquel-flores.en.html" data-label="Englisch"><div class="header"> <div class="title">Miquel-Flores, Ixart </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_ixart-miquel-flores.jpg"> </div> <p>On-site & Internal Model Inspections</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/diego-moccero.en.html" data-label="Englisch"><div class="header"> <div class="title">Moccero, Diego </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_diego-moccero.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/isabella-moder.en.html" data-label="Englisch"><div class="header"> <div class="title">Moder, Isabella </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_isabella-moder.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/wolfgang-modery.en.html" data-label="Englisch"><div class="header"> <div class="title">Modery, Wolfgang </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_wolfgang-modery.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/philippe-molitor.en.html" data-label="Englisch"><div class="header"> <div class="title">Molitor, Philippe </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_philippe-molitor.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/francesco-paolo-mongelli.en.html" data-label="Englisch"><div class="header"> <div class="title">Mongelli, Francesco Paolo </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_francesco-paolo-mongelli.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/carlos-montes-galdon.en.html" data-label="Englisch"><div class="header"> <div class="title">Montes-Galdón, Carlos </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_carlos-montes-galdon.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/richard-morris.en.html" data-label="Englisch"><div class="header"> <div class="title">Morris, Richard </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_richard-morris.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/philip-muggenthaler.en.html" data-label="Englisch"><div class="header"> <div class="title">Muggenthaler, Philip </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_philip-muggenthaler.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Risk Management" href="/pub/research/authors/profiles/manuel-a-munoz.en.html" data-label="Englisch"><div class="header"> <div class="title">Muñoz, Manuel A. </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_manuel-a-munoz.jpg"> </div> <p>Risk Management</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/alberto-musso.en.html" data-label="Englisch"><div class="header"> <div class="title">Musso, Alberto </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_alberto-musso.jpg"> </div> <p>Monetary Policy</p></div> </a></div></div> <div class="container"><div class="main-header"> <h2 >N</h2> </div><div class="wrapper"><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/anton-nakov.en.html" data-label="Englisch"><div class="header"> <div class="title">Nakov, Anton </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_anton-nakov.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/carolin-nerlich.en.html" data-label="Englisch"><div class="header"> <div class="title">Nerlich, Carolin </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_carolin-nerlich.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Market Operations" href="/pub/research/authors/profiles/benoit-nguyen.en.html" data-label="Englisch"><div class="header"> <div class="title">Nguyen, Benoît </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_benoit-nguyen.jpg"> </div> <p>Market Operations</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/christiane-nickel.en.html" data-label="Englisch"><div class="header"> <div class="title">Nickel, Christiane </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_christiane-nickel.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/kleopatra-nikolaou.en.html" data-label="Englisch"><div class="header"> <div class="title">Nikolaou, Kleopatra </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_kleopatra-nikolaou.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/kalin-nikolov.en.html" data-label="Englisch"><div class="header"> <div class="title">Nikolov, Kalin </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_kalin-nikolov.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Market Infrastructure & Payments" href="/pub/research/authors/profiles/luca-nocciola.en.html" data-label="Englisch"><div class="header"> <div class="title">Nocciola, Luca </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_luca-nocciola.jpg"> </div> <p>Market Infrastructure & Payments</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/jakob-nordeman.en.html" data-label="Englisch"><div class="header"> <div class="title">Nordeman, Jakob </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_jakob-nordeman.jpg"> </div> <p>Economics</p></div> </a></div></div> <div class="container"><div class="main-header"> <h2 >O</h2> </div><div class="wrapper"><a class="box" data-filter-group-term="Banknotes" href="/pub/research/authors/profiles/bernadette-obrien.en.html" data-label="Englisch"><div class="header"> <div class="title">O'Brien, Bernadette </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_bernadette-obrien.jpg"> </div> <p>Banknotes</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/edward-obrien.en.html" data-label="Englisch"><div class="header"> <div class="title">O’Brien, Edward </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_edward-obrien.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/luca-onorante.en.html" data-label="Englisch"><div class="header"> <div class="title">Onorante, Luca </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_luca-onorante.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/ivan-ordonez-martinez.en.html" data-label="Englisch"><div class="header"> <div class="title">Ordoñez Martínez, Iván </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_ivan-ordonez-martinez.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/chiara-osbat.en.html" data-label="Englisch"><div class="header"> <div class="title">Osbat, Chiara </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_chiara-osbat.jpg"> </div> <p>Economics</p></div> </a></div></div> <div class="container"><div class="main-header"> <h2 >P</h2> </div><div class="wrapper"><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/melina-papoutsi.en.html" data-label="Englisch"><div class="header"> <div class="title">Papoutsi, Melina </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_melina-papoutsi.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/joan-paredes.en.html" data-label="Englisch"><div class="header"> <div class="title">Paredes, Joan </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_joan-paredes.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/laura-parisi.en.html" data-label="Englisch"><div class="header"> <div class="title">Parisi, Laura </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_laura-parisi.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/miles-parker.en.html" data-label="Englisch"><div class="header"> <div class="title">Parker, Miles </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_miles-parker.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Counsel to the Executive Board" href="/pub/research/authors/profiles/carlo-pasqua.en.html" data-label="Englisch"><div class="header"> <div class="title">Pasqua, Carlo </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_carlo-pasqua.jpg"> </div> <p>Counsel to the Executive Board</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/gonzalo-paz-pardo.en.html" data-label="Englisch"><div class="header"> <div class="title">Paz-Pardo, Gonzalo </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_gonzalo-paz-pardo.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Risk Management" href="/pub/research/authors/profiles/anamaria-piloiu.en.html" data-label="Englisch"><div class="header"> <div class="title">Piloiu, Anamaria </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_anamaria-piloiu.jpg"> </div> <p>Risk Management</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/mara-pirovano.en.html" data-label="Englisch"><div class="header"> <div class="title">Pirovano, Mara </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_mara-pirovano.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/riccardo-pizzeghello.en.html" data-label="Englisch"><div class="header"> <div class="title">Pizzeghello, Riccardo </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_riccardo-pizzeghello.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/alexander-popov.en.html" data-label="Englisch"><div class="header"> <div class="title">Popov, Alexander </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_alexander-popov.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/davide-porcellacchia.en.html" data-label="Englisch"><div class="header"> <div class="title">Porcellacchia, Davide </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_davide-porcellacchia.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/mario-porqueddu.en.html" data-label="Englisch"><div class="header"> <div class="title">Porqueddu, Mario </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_mario-porqueddu.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/romanos-priftis.en.html" data-label="Englisch"><div class="header"> <div class="title">Priftis, Romanos </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_romanos-priftis.jpg"> </div> <p>Economics</p></div> </a></div></div> <div class="container"><div class="main-header"> <h2 >R</h2> </div><div class="wrapper"><a class="box" data-filter-group-term="Market Operations" href="/pub/research/authors/profiles/imene-rahmouni-rousseau.en.html" data-label="Englisch"><div class="header"> <div class="title">Rahmouni-Rousseau, Imene </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_imene-rahmouni-rousseau.jpg"> </div> <p>Market Operations</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/judit-rariga.en.html" data-label="Englisch"><div class="header"> <div class="title">Rariga, Judit </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_judit-rariga.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/martino-ricci.en.html" data-label="Englisch"><div class="header"> <div class="title">Ricci, Martino </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_martino-ricci.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/annukka-ristiniemi.en.html" data-label="Englisch"><div class="header"> <div class="title">Ristiniemi, Annukka </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_annukka-ristiniemi.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/marc-roca-i-llevadot.en.html" data-label="Englisch"><div class="header"> <div class="title">Roca I Llevadot, Marc </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_marc-roca-i-llevadot.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/costanza-rodriguez-dacri.en.html" data-label="Englisch"><div class="header"> <div class="title">Rodriguez d’Acri, Costanza </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_costanza-rodriguez-dacri.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/nicola-roehm.en.html" data-label="Englisch"><div class="header"> <div class="title">Röhm, Nicola </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_nicola-roehm.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Communications" href="/pub/research/authors/profiles/hannah-roodt.en.html" data-label="Englisch"><div class="header"> <div class="title">Roodt, Hannah </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_hannah-roodt.jpg"> </div> <p>Communications</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/linda-rousova.en.html" data-label="Englisch"><div class="header"> <div class="title">Rousová, Linda </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_linda-rousova.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/flavie-rousseau.en.html" data-label="Englisch"><div class="header"> <div class="title">Rousseau, Flavie </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_flavie-rousseau.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/ieva-rubene.en.html" data-label="Englisch"><div class="header"> <div class="title">Rubene, Ieva </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_ieva-rubene.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Communications" href="/pub/research/authors/profiles/stefan-ruhkamp.en.html" data-label="Englisch"><div class="header"> <div class="title">Ruhkamp, Stefan </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_stefan-ruhkamp.jpg"> </div> <p>Communications</p></div> </a><a class="box" data-filter-group-term="" href="/pub/research/authors/profiles/matthias-rumpf.en.html" data-label="Englisch"><div class="header"> <div class="title">Rumpf, Matthias </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_matthias-rumpf.jpg"> </div> <p></p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/gerhard-ruenstler.en.html" data-label="Englisch"><div class="header"> <div class="title">Rünstler, Gerhard </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_gerhard-ruenstler.jpg"> </div> <p>Research</p></div> </a></div></div> <div class="container"><div class="main-header"> <h2 >S</h2> </div><div class="wrapper"><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/arthur-saint-guilhem.en.html" data-label="Englisch"><div class="header"> <div class="title">Saint Guilhem, Arthur </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_arthur-saint-guilhem.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="On-site & Internal Model Inspections" href="/pub/research/authors/profiles/alessandro-santoni.en.html" data-label="Englisch"><div class="header"> <div class="title">Santoni, Alessandro </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_alessandro-santoni.jpg"> </div> <p>On-site & Internal Model Inspections</p></div> </a><a class="box" data-filter-group-term="Market Infrastructure & Payments" href="/pub/research/authors/profiles/juergen-schaaf.en.html" data-label="Englisch"><div class="header"> <div class="title">Schaaf, Jürgen </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_juergen-schaaf.jpg"> </div> <p>Market Infrastructure & Payments</p></div> </a><a class="box" data-filter-group-term="Horizontal Line Supervision" href="/pub/research/authors/profiles/martin-scheicher.en.html" data-label="Englisch"><div class="header"> <div class="title">Scheicher, Martin </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_martin-scheicher.jpg"> </div> <p>Horizontal Line Supervision</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/glenn-schepens.en.html" data-label="Englisch"><div class="header"> <div class="title">Schepens, Glenn </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_glenn-schepens.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/beatrice-scheubel.en.html" data-label="Englisch"><div class="header"> <div class="title">Scheubel, Beatrice </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_beatrice-scheubel.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/sebastian-schmidt.en.html" data-label="Englisch"><div class="header"> <div class="title">Schmidt, Sebastian </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_sebastian-schmidt.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/adrian-schmith.en.html" data-label="Englisch"><div class="header"> <div class="title">Schmith, Adrian </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_adrian-schmith.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Statistics" href="/pub/research/authors/profiles/martin-schmitz.en.html" data-label="Englisch"><div class="header"> <div class="title">Schmitz, Martin </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_martin-schmitz.jpg"> </div> <p>Statistics</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/bernd-schnatz.en.html" data-label="Englisch"><div class="header"> <div class="title">Schnatz, Bernd </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_bernd-schnatz.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Banknotes" href="/pub/research/authors/profiles/doris-schneeberger.en.html" data-label="Englisch"><div class="header"> <div class="title">Schneeberger, Doris </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_doris-schneeberger.jpg"> </div> <p>Banknotes</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/hanni-schoelermann.en.html" data-label="Englisch"><div class="header"> <div class="title">Schölermann, Hanni </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_hanni-schoelermann.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/christofer-schroeder.en.html" data-label="Englisch"><div class="header"> <div class="title">Schroeder, Christofer </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_christofer-schroeder.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/tobias-schuler.en.html" data-label="Englisch"><div class="header"> <div class="title">Schuler, Tobias </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_tobias-schuler.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/julian-schumacher.en.html" data-label="Englisch"><div class="header"> <div class="title">Schumacher, Julian </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_julian-schumacher.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/fabian-schupp.en.html" data-label="Englisch"><div class="header"> <div class="title">Schupp, Fabian </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_fabian-schupp.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/bernd-schwaab.en.html" data-label="Englisch"><div class="header"> <div class="title">Schwaab, Bernd </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_bernd-schwaab.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/roberta-serafini.en.html" data-label="Englisch"><div class="header"> <div class="title">Serafini, Roberta </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_roberta-serafini.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/ralph-setzer.en.html" data-label="Englisch"><div class="header"> <div class="title">Setzer, Ralph </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_ralph-setzer.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/jean-david-sigaux.en.html" data-label="Englisch"><div class="header"> <div class="title">Sigaux, Jean-David </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_jean-david-sigaux.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Market Operations" href="/pub/research/authors/profiles/marta-skrzypinska.en.html" data-label="Englisch"><div class="header"> <div class="title">Skrzypińska, Marta </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_marta-skrzypinska.jpg"> </div> <p>Market Operations</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/jiri-slacalek.en.html" data-label="Englisch"><div class="header"> <div class="title">Slacalek, Jiri </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_jiri-slacalek.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/carla-soares.en.html" data-label="Englisch"><div class="header"> <div class="title">Soares, Carla </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_carla-soares.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/david-sondermann.en.html" data-label="Englisch"><div class="header"> <div class="title">Sondermann, David </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_david-sondermann.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/michel-soudan.en.html" data-label="Englisch"><div class="header"> <div class="title">Soudan, Michel </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_michel-soudan.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/joao-sousa.en.html" data-label="Englisch"><div class="header"> <div class="title">Sousa, João </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_joao-sousa.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/andrzej-sowinski.en.html" data-label="Englisch"><div class="header"> <div class="title">Sowiński, Andrzej </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_andrzej-sowinski.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/martina-spaggiari.en.html" data-label="Englisch"><div class="header"> <div class="title">Spaggiari, Martina </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_martina-spaggiari.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/tajda-spital.en.html" data-label="Englisch"><div class="header"> <div class="title">Spital, Tajda </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_tajda-spital.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/manuela-storz.en.html" data-label="Englisch"><div class="header"> <div class="title">Storz, Manuela </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_manuela-storz.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/livio-stracca.en.html" data-label="Englisch"><div class="header"> <div class="title">Stracca, Livio </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_livio-stracca.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/georg-strasser.en.html" data-label="Englisch"><div class="header"> <div class="title">Strasser, Georg </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_georg-strasser.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/yiqiao-sun.en.html" data-label="Englisch"><div class="header"> <div class="title">Sun, Yiqiao </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_yiqiao-sun.jpg"> </div> <p>Economics</p></div> </a></div></div> <div class="container"><div class="main-header"> <h2 >T</h2> </div><div class="wrapper"><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/fabio-tamburrini.en.html" data-label="Englisch"><div class="header"> <div class="title">Tamburrini, Fabio </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_fabio-tamburrini.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Market Operations" href="/pub/research/authors/profiles/jens-tapking.en.html" data-label="Englisch"><div class="header"> <div class="title">Tapking, Jens </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_jens-tapking.jpg"> </div> <p>Market Operations</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/eugen-tereanu.en.html" data-label="Englisch"><div class="header"> <div class="title">Tereanu, Eugen </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_eugen-tereanu.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/dominik-thaler.en.html" data-label="Englisch"><div class="header"> <div class="title">Thaler, Dominik </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_dominik-thaler.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/marcel-tirpak.en.html" data-label="Englisch"><div class="header"> <div class="title">Tirpák, Marcel </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_marcel-tirpak.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/paer-torstensson.en.html" data-label="Englisch"><div class="header"> <div class="title">Torstensson, Pär </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_paer-torstensson.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/oreste-tristani.en.html" data-label="Englisch"><div class="header"> <div class="title">Tristani, Oreste </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_oreste-tristani.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="Statistics" href="/pub/research/authors/profiles/athanasios-tsiortas.en.html" data-label="Englisch"><div class="header"> <div class="title">Tsiortas, Athanasios </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_athanasios-tsiortas.jpg"> </div> <p>Statistics</p></div> </a></div></div> <div class="container"><div class="main-header"> <h2 >V</h2> </div><div class="wrapper"><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/vilem-valenta.en.html" data-label="Englisch"><div class="header"> <div class="title">Valenta, Vilém </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_vilem-valenta.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/alejandro-van-der-ghote.en.html" data-label="Englisch"><div class="header"> <div class="title">Van der Ghote, Alejandro </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_alejandro-van-der-ghote.jpg"> </div> <p>Research</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/ine-van-robays.en.html" data-label="Englisch"><div class="header"> <div class="title">Van Robays, Ine </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_ine-van-robays.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/bjoern-van-roye.en.html" data-label="Englisch"><div class="header"> <div class="title">van Roye, Björn </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_bjoern-van-roye.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="International & European Relations" href="/pub/research/authors/profiles/isabel-vansteenkiste.en.html" data-label="Englisch"><div class="header"> <div class="title">Vansteenkiste, Isabel </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_isabel-vansteenkiste.jpg"> </div> <p>International & European Relations</p></div> </a><a class="box" data-filter-group-term="Market Operations" href="/pub/research/authors/profiles/lia-vaz-cruz.en.html" data-label="Englisch"><div class="header"> <div class="title">Vaz Cruz, Lia </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_lia-vaz-cruz.jpg"> </div> <p>Market Operations</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/sofia-velasco.en.html" data-label="Englisch"><div class="header"> <div class="title">Velasco, Sofia </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_sofia-velasco.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Internal Audit" href="/pub/research/authors/profiles/anna-vinci.en.html" data-label="Englisch"><div class="header"> <div class="title">Vinci, Anna </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_anna-vinci.jpg"> </div> <p>Internal Audit</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/aurelian-vlad.en.html" data-label="Englisch"><div class="header"> <div class="title">Vlad, Aurelian </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_aurelian-vlad.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/andreea-liliana-vladu.en.html" data-label="Englisch"><div class="header"> <div class="title">Vladu, Andreea Liliana </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_andreea-liliana-vladu.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Market Operations" href="/pub/research/authors/profiles/thomas-vlassopoulos.en.html" data-label="Englisch"><div class="header"> <div class="title">Vlassopoulos, Thomas </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_thomas-vlassopoulos.jpg"> </div> <p>Market Operations</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/leopold-von-thadden.en.html" data-label="Englisch"><div class="header"> <div class="title">von Thadden, Leopold </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_leopold-von-thadden.jpg"> </div> <p>Monetary Policy</p></div> </a></div></div> <div class="container"><div class="main-header"> <h2 >W</h2> </div><div class="wrapper"><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/thomas-warmedinger.en.html" data-label="Englisch"><div class="header"> <div class="title">Warmedinger, Thomas </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_thomas-warmedinger.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/anders-warne.en.html" data-label="Englisch"><div class="header"> <div class="title">Warne, Anders </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_anders-warne.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/marco-weissler.en.html" data-label="Englisch"><div class="header"> <div class="title">Weißler, Marco </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_marco-weissler.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/peter-welz.en.html" data-label="Englisch"><div class="header"> <div class="title">Welz, Peter </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_peter-welz.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/thomas-werner.en.html" data-label="Englisch"><div class="header"> <div class="title">Werner, Thomas </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_thomas-werner.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/nadya-wildmann.en.html" data-label="Englisch"><div class="header"> <div class="title">Wildmann, Nadya </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_nadya-wildmann.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a><a class="box" data-filter-group-term="Monetary Policy" href="/pub/research/authors/profiles/guido-wolswijk.en.html" data-label="Englisch"><div class="header"> <div class="title">Wolswijk, Guido </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_guido-wolswijk.jpg"> </div> <p>Monetary Policy</p></div> </a><a class="box" data-filter-group-term="Macro Prud Policy&Financial Stability" href="/pub/research/authors/profiles/stefan-wredenborg.en.html" data-label="Englisch"><div class="header"> <div class="title">Wredenborg, Stefan </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_stefan-wredenborg.jpg"> </div> <p>Macro Prud Policy&Financial Stability</p></div> </a></div></div> <div class="container"><div class="main-header"> <h2 >Z</h2> </div><div class="wrapper"><a class="box" data-filter-group-term="Banknotes" href="/pub/research/authors/profiles/alejandro-zamora-perez.en.html" data-label="Englisch"><div class="header"> <div class="title">Zamora-Pérez, Alejandro </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_alejandro-zamora-perez.jpg"> </div> <p>Banknotes</p></div> </a><a class="box" data-filter-group-term="Legal Services" href="/pub/research/authors/profiles/chiara-zilioli.en.html" data-label="Englisch"><div class="header"> <div class="title">Zilioli, Chiara </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_chiara-zilioli.jpg"> </div> <p>Legal Services</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/srecko-zimic.en.html" data-label="Englisch"><div class="header"> <div class="title">Zimic, Srečko </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_srecko-zimic.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Economics" href="/pub/research/authors/profiles/nico-zorell.en.html" data-label="Englisch"><div class="header"> <div class="title">Zorell, Nico </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_nico-zorell.jpg"> </div> <p>Economics</p></div> </a><a class="box" data-filter-group-term="Research" href="/pub/research/authors/profiles/francesca-zucchi.en.html" data-label="Englisch"><div class="header"> <div class="title">Zucchi, Francesca </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_francesca-zucchi.jpg"> </div> <p>Research</p></div> </a></div></div> <div class="container"><div class="main-header"> <h2 >Ż</h2> </div><div class="wrapper"><a class="box" data-filter-group-term="Specialised Institutions & LSIs" href="/pub/research/authors/profiles/dawid-zochowski.en.html" data-label="Englisch"><div class="header"> <div class="title">Żochowski, Dawid </div> </div> <div class="content-box"> <div data-image="/pub/research/authors/profiles/profile_pics/author_picture_dawid-zochowski.jpg"> </div> <p>Specialised Institutions & LSIs</p></div> </a></div></div></div> <div class="in-this-section" id="pages-in-section-holder"> <h3>Alle Seiten in diesem Abschnitt</h3> <div class="content-box"> </div> </div> </main> </div> <div id="feedback" class="hidden"> <div class="content-box"> <div class="initial"> <div class="title">Gefällt Ihnen diese Seite?</div><a class="button -inverted-color" id="feedback-yes">Ja</a> <a class="button -inverted-color" id="feedback-no">Nein</a></div> <div class="second hidden"> <div class="title">Was gefällt Ihnen nicht?</div><a class="button -inverted-color" id="feedback-broken">Seite funktioniert nicht</a> <a class="button -inverted-color" id="feedback-content">Informationen nicht hilfreich</a> <a class="button -inverted-color" id="feedback-design">Design nicht ansprechend</a> <a class="button -inverted-color" id="feedback-other">Sonstiges</a></div> <div class="final hidden"> <div class="title">Vielen Dank für Ihr Feedback.</div> </div> </div> </div> <footer id="ecb-doc-footer"> <div class="ecb-footerTop"> <div class="sitemap"><a href="/home/sitedir/html/index.en.html" title="Sitemap">Sitemap</a></div> <div class="socialLinks"><a class="inline-link" href="/home/socialmedia/html/index.en.html" title="Präsenz der EZB in den sozialen Medien">FOLGEN SIE UNS</a> <a href="http://twitter.com/ecb" class="twitter" title="X"></a> <a href="https://www.linkedin.com/company/european-central-bank" class="linkedin" title="LinkedIn"></a> <a href="https://www.instagram.com/europeancentralbank/" class="instagram" title="Instagram"></a> <a href="https://www.youtube.com/user/ecbeuro" class="youtube" title="YouTube"></a> <a href="https://www.flickr.com/photos/europeancentralbank/sets/" class="flickr" title="Flickr"></a> <a href="https://soundcloud.com/europeancentralbank" class="soundcloud" title="SoundCloud"></a> <a href="/rss" class="rss" title="RSS-Newsfeeds"></a></div> </div><div class="ecb-footerBottom"><p><span>© 2024</span> Europäische Zentralbank</p> <div class="ecb-serviceNavigation"> <div class="ecb-serviceNavigationBox"> <div class="ecb-serviceNavigationBoxTitle">Nützliche Links</div> <div class="ecb-serviceNavigationBoxLinks"> <ul> <li><a href="/careers/vacancies/html/index.en.html">Freie Stellen</a></li> <li><a href="/services/glossary/html/index.en.html">Glossar</a></li> <li><a href="/services/links/html/index.en.html">Andere Institutionen</a></li> </ul> </div> </div> <div class="ecb-serviceNavigationBox"> <div class="ecb-serviceNavigationBoxTitle">Nutzung unserer Website</div> <div class="ecb-serviceNavigationBoxLinks"> <ul> <li><a href="/services/disclaimer/html/index.en.html">Haftungsausschluss und Urheberrecht</a></li> <li><a href="/services/data-protection/privacy-statements/website/html/index.en.html">Datenschutzerklärung</a></li> <li><a href="/services/languagepolicy/html/index.en.html">Sprachenregelung</a></li> </ul> </div> </div> <div class="ecb-serviceNavigationBox"> <div class="ecb-serviceNavigationBoxTitle">Unternehmensrichtlinien</div> <div class="ecb-serviceNavigationBoxLinks"> <ul> <li><a href="/services/data-protection/html/index.en.html">Datenschutz</a></li> <li><a href="/ecb/access_to_documents/html/index.en.html">Zugang zu Dokumenten</a></li> </ul> </div> </div> <div class="ecb-serviceNavigationBox"> <div class="ecb-serviceNavigationBoxTitle">Kontaktmöglichkeiten</div> <div class="ecb-serviceNavigationBoxLinks"> <ul> <li><a href="/services/contacts/html/index.en.html">Kontakt</a></li> <li><a href="/services/contacts/address/html/index.en.html">Anschrift</a></li> <li><a href="/services/contacts/working-hours/html/index.en.html">Bürozeiten</a></li> </ul> </div> </div> </div> </div>  </footer> <style> [data-count]{ position: relative; } [data-count]::after{ position: absolute; right: -20px; bottom: 0px; display: block; content: attr(data-count); color: rgba(255, 255, 255, 0.8); text-shadow: 0 0 8px black; font-size: 11px; } body.hideCount [data-count]::after{ display: none; } </style> <script> (function(){ let addedCount = false; let addCount = function(){ let list = document.querySelectorAll("h2,h3,h4,p,a"); for(var i = 0; i < list.length; i++){ let item = list[i]; item.setAttribute("data-count",item.textContent.length); } } document.onkeypress = function(e){ if(e.ctrlKey && e.code == "KeyM"){ if(addedCount){ document.body.classList.add('hideCount'); addedCount = false; }else{ document.body.classList.remove('hideCount'); addCount(); addedCount = true; } } } })(); </script> <link rel="stylesheet" href="/shared/dist/css/print.min.css?2646225" media="print"> <div class="ecb-cookieConsent hidden" id="cookieConsent"> <div class="initial"> <h2>Unsere Website verwendet Cookies.</h2> <p>Wir arbeiten kontinuierlich daran, die Benutzerfreundlichkeit unserer Website zu verbessern. Zu diesem Zweck nutzen wir durch Cookies erfasste anonymisierte Daten.<br> <a href="/home/data-protection/privacy-statements/website/html/index.de.html" class="arrow">Weitere Informationen zu unserer Nutzung von Cookies</a></p> <div class="consentButtons initial cf"><a class="check linkButton linkButtonLarge floatLeft highlight-medium">Ich verstehe und stimme der Nutzung von Cookies zu</a> <a class="cross linkButton linkButtonLarge floatRight highlight-extra-light">Ich stimme der Nutzung von Cookies nicht zu</a></div> </div> <div class="accepted hidden"> <div style="background-image:url(/shared/nav/svg/cookies_accepted.svg);width:100px;height:100px;margin:auto" class="img"></div> <h2>Vielen Dank!</h2> </div> <div class="refused hidden"> <div style="background-image:url(/shared/nav/svg/cookies_refused.svg);width:100px;height:100px;margin:auto" class="img"></div> <h2>Vielen Dank!</h2> </div> <div class="updated hidden"> <h2>Wir haben unsere Datenschutzbestimmungen aktualisiert.</h2> <p>Wir arbeiten kontinuierlich daran, die Benutzerfreundlichkeit unserer Website zu verbessern. Zu diesem Zweck nutzen wir durch Cookies erfasste anonymisierte Daten.<br> <a href="/home/data-protection/privacy-statements/website/html/index.de.html" class="arrow">Änderungen unserer Datenschutzbestimmungen ansehen</a></p> <div class="consentButtons updated cf"><a class="check linkButton linkButtonLarge floatLeft highlight-medium">Ich verstehe und stimme der Nutzung von Cookies zu</a> <a class="cross linkButton linkButtonLarge floatRight highlight-extra-light">Ich stimme der Nutzung von Cookies nicht zu</a></div> </div> <div class="expired hidden"> <h2>Ihre Cookies-Einstellungen sind nicht mehr gültig.</h2> <p>Wir arbeiten kontinuierlich daran, die Benutzerfreundlichkeit unserer Website zu verbessern. Zu diesem Zweck nutzen wir durch Cookies erfasste anonyme Daten.<br> <a href="/home/data-protection/privacy-statements/website/html/index.de.html" class="arrow">Weitere Informationen zu unserer Nutzung von Cookies</a></p> <div class="consentButtons expired cf"><a class="check linkButton linkButtonLarge floatLeft highlight-medium">Ich verstehe und stimme der Nutzung von Cookies zu</a> <a class="cross linkButton linkButtonLarge floatRight highlight-extra-light">Ich stimme der Nutzung von Cookies nicht zu</a></div> </div> </div> <div class="cookieBlockedMessage template hidden"> <div class="cookieBlockedContentHolder"> <div class="mainCookieBlockedMessage">Für diese Funktion sind Cookies erforderlich.</div><a href="/home/data-protection/privacy-statements/website/html/index.de.html" class="button">Datenschutzbestimmungen</a></div> </div> <script src="/shared/js/analytics/pa_events.js?v=2605151" data-siteID="638441" data-collectDomain="https://qfknbhm.pa-cd.com"></script> <script src="/shared/dist/js/ieBlock.min.js" defer></script> </body> </html>