European Credit Research Institute (ECRI)

Tomorrow, our Senior Research Fellow @judith_arnal will participate in a @ECIPE webinar to explore the reforms Europe needs to unlock innovation and drive growth 👇 🔗 Learn more here: tinyurl.com/mrn8u66f

Many thanks to @EviKiorri for reflecting some of my views in her interesting piece for @euronews on the Digital Euro. My quotes below in 🧵 @CEPS_thinktank @rielcano @ECRI_CEPS euronews.com/my-europe/2026…

Join us on 19 March at @CEPS_thinktank for a discussion on the future of public procurement, moderated by our Senior Research Fellow @judith_arnal 👇 🔗More info & registration: tinyurl.com/c5jhdw2w @KPMG_DE_Law

Take a look at this @euronews article, featuring our Senior Research Fellow @judith_arnal's views on Europe’s payment sovereignty👇 To learn more about this topic, dive into our latest publication: tinyurl.com/5xw7k25f 🔗Read the full article here: tinyurl.com/58m2ttx4

#SoberaníaEuropea Antes de hacer grandes declaraciones sobre la dependencia europea en materia de pagos minoristas, es fundamental entender bien la cadena de valor. Porque la problemática dista mucho según el eslabón. Más abajo la tabla de mi trabajo para @ECRI_CEPS que lo resume

The debate on 🇪🇺payment sovereignty has intensified lately, but political discussions often blur important distinctions. In this publication @judith_arnal breaks down the payments value chain into its main layers & provides 5 policy recommendations👇 🗞️ tinyurl.com/5xw7k25f

How can we shift the culture of #procurement from compliance to performance without sliding into protectionism or fragmenting the single market? 📌Join us on 19 March for a @CEPS_thinktank- @KPMG_DE_Law seminar on reforming public procurement! More info: tinyurl.com/c5jhdw2w

‼️🔔 𝗡𝗲𝘄 𝗽𝗲𝗲𝗿-𝗿𝗲𝘃𝗶𝗲𝘄𝗲𝗱 𝗽𝘂𝗯𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻 I am pleased to share my new article published in the Journal of Banking Regulation: “𝗨𝗻𝗳𝗶𝘁 𝗳𝗼𝗿 𝗽𝘂𝗿𝗽𝗼𝘀𝗲? 𝗧𝗵𝗲 𝗹𝗲𝗴𝗮𝗹 𝗺𝗮𝘇𝗲 𝗼𝗳 𝗰𝗿𝗲𝗱𝗶𝘁 𝘀𝗰𝗼𝗿𝗶𝗻𝗴 𝘂𝗻𝗱𝗲𝗿 𝗘𝗨 𝗹𝗮𝘄” 🧵with ideas

Our Senior Research Fellow @judith_arnal will be speaking at the @Nordea-ING high-level event on banks and 🇪🇺 #competiveness next week! 🔍 To learn more about our work on this topic, explore our publications: ecri.eu/publications

🔎 𝗔 🇪🇺 𝗮𝗹𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝘃𝗲 𝘁𝗼 𝗩𝗶𝘀𝗮 𝗮𝗻𝗱 𝗠𝗮𝘀𝘁𝗲𝗿𝗰𝗮𝗿𝗱? 𝗧𝗵𝗲𝘀𝗲 𝗮𝗿𝗲 𝘁𝗵𝗲 𝗺𝗶𝘀𝘂𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱𝗶𝗻𝗴𝘀 My latest piece for @euobs A thread with the main ideas @ECRI_CEPS @CEPS_thinktank @rielcano euobserver.com/203109/do-we-r…

🙌 Looking to kick-start your career in 🇪🇺EU financial policy? Join our team! You will work within the Financial Markets and Institutions Unit at @CEPS_thinktank, which also manages ECMI and @ECRI_CEPS. 🗓️ Application deadline: 20 February 🔗 Vacancy: tinyurl.com/4yk9wp2v

🆕📉 The latest edition of our Statistical Package is now available! 🔎 Providing data on outstanding credit to households and non-financial corporations (NFCs) for the period from 1995 to 2024 comprising 45 countries. READ MORE: ecri.eu/statistics

Scepticism towards global Stablecoins under the Markets in Crypto-Assets Regulation (#MiCA) means that they could be excluded from the EU market. A new policy brief from @ECRI_CEPS calls for a structured multi-issuance framework in order to resolve this issue. Read it here: ceps.eu/ceps-publicati…

This Wednesday, our Senior Research Fellow @judith_arnal will join the @EESC_ECO public hearing on capital markets integration and efficient supervision. 📌 Check out the programme: tinyurl.com/47hmmyjm 🎥 Follow the livestream: tinyurl.com/yex7tcu8

Scepticism toward multi-issued global #stablecoins risks de facto exclusion under #MiCA, which would be economically costly for the 🇪🇺EU. 💡In our latest publication, we argue that a structured multi-issuance framework is a pragmatic policy solution. 🔗 tinyurl.com/ytt7ws2j

𝗧𝗵𝗲 𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗰𝗼𝘀𝘁𝘀 𝗼𝗳 𝗿𝗲𝘀𝘁𝗿𝗶𝗰𝘁𝗶𝗻𝗴 𝗴𝗹𝗼𝗯𝗮𝗹 𝘀𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻𝘀 𝗶𝗻 🇪🇺– 𝗮𝗻𝗱 𝗵𝗼𝘄 𝘁𝗼 𝗺𝗶𝘁𝗶𝗴𝗮𝘁𝗲 𝘁𝗵𝗲 𝗿𝗶𝘀𝗸𝘀 My latest for @ECRI_CEPS with Matthew Osborne 🧵with main ideas👇 The brief examines the ongoing EU debate on globally fungible #stablecoins and argues that the current framing risks leading to economically costly and unnecessary policy outcomes. ecri.eu/publications/p…

Today has been a very intense and rewarding day. This morning, I took part in the European Banking Summit 2026 of the @EBFeu In the afternoon, I presented my briefing on the financing of EU industrial policy at the Budget Committee of the @Europarl_EN Important discussions ahead on how to finance Europe’s strategic ambitions in a sustainable way.

We’re proud to share that @judith_arnal will present her briefing "Financing #competitiveness in the 🇪🇺EU: One year on from the Draghi Report" at a @EP_Budgets Committee workshop taking place tomorrow at the @Europarl_EN! 🔗‍️Learn more: tinyurl.com/mrnzkkhv

Excited to see our Senior Research Fellow @judith_arnal sharing her expertise at the European Banking Summit 2026 next week! Catch her in the first panel on 🇪🇺EU #capitalmarkets 👇 🔗 More information: europeanbankingsummit.com/agenda-ibs/ @EBFeu

Our Senior Research Fellow @judith_arnal is kicking off the new year by taking part in a @EP_EPRS policy roundtable on 🔟 issues that are likely to shape the 🇪🇺EU agenda in 2026! 🔗 Learn more: lnkd.in/e9qewRCk 💻 Follow the event online on 14 Jan: lnkd.in/ed9Vz6BA