Central Banking

ECB will move forward with financial integration

A European Central Bank executive board member signalled in comments to the Financial Times, published Friday 29 September, that the ECB will push ahead with plans to increase eurozone financial integration by providing securities settlement services, despite opposition from within the sector.

Gertrude Tumpel-Gugerell, responsible for eurozone payment systems, told the FT that she was "confident about the rationality of the project", which would help remove obstacles to cross-border trades in