Isabel Schnabel 🇪🇺🇺🇦
@Isabel_Schnabel
Executive Board of the European Central Bank, University of Bonn (on leave), #NieWiederIstJetzt
Welcome to the euro family, Bulgaria 🇧🇬! We look forward to having you as the 21st member state of the euro area. 🇪🇺
🇧🇬🇪🇺 Congratulations, Bulgaria! Поздравления, България! Bulgaria will adopt the euro as of 1 January 2026, becoming the 21st country to switch to our single currency. Read the press release ecb.europa.eu/press/pr/date/…
Fostering the integrated reporting of banks is a very important initiative, led by the @ecb, the #EBA, @EU_Commission and @EU_SRB, in line with the European Commission’s simplification initiative aimed at boosting Europe’s competitiveness.
European and national authorities have joined forces with banks to integrate reporting across Europe. In a joint blog, EBA Chair José Manuel Campa and ECB Executive Board member @Isabel_Schnabel explain how this will cut costs for banks and improve data quality.