ECB Executive Board Member Discusses Central Bank Money and Sovereignty
European Central Bank Executive Board member Piero Cipollone has addressed the integral connection between central bank money and the foundations of national sovereignty.
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In a speech published by the European Central Bank on 19 June 2026, Piero Cipollone examined the role of central bank money within the modern financial landscape. The remarks focused on how the issuance and management of currency underpin the functions of state authority and economic stability.
Cipollone highlighted the necessity of maintaining trust in monetary systems to preserve national sovereignty. The full address, titled 'The foundations of national sovereignty: the role of central bank money', is available on the European Central Bank website.
Source: European Central Bank. Read the original report ↗
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This brief is based on reporting by European Central Bank.supports: European Central Bank