Central Banking

Euro € - Reynders wants euro boost at cash machine

BELGIUM - Didier Reynders, the Belgian finance minister, on 28 June proposed making euro notes available to consumers on a limited basis prior to next year's January changeover, to help reduce the risk of queues and delays forecast by retail groups.

The minister, who takes over as president of the "Ecofin" council of EU finance ministers this weekend, suggested the distribution of notes in selected automatic teller machines as part of the testing of ATMs for the new currency "one or two days

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FedNow – at last

The instant payment system might help fix the US’s rusty payment rails, but it also faces competition, says Dave Birch

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