Workflow
欧洲央行新任管委:欧洲央行应更加关注政治风险
news flash·2025-07-19 05:49

Core Viewpoint - The new governor of the Bulgarian National Bank, Dimitar Radev, emphasizes that the European Central Bank (ECB) should pay more attention to political risks in its decision-making process [1] Group 1: Political Risks - Radev highlights that political developments are increasingly becoming sources of volatility, uncertainty, and systemic risk, which must be considered by central banks [1] - He references historical events, such as the sudden closure of the Bulgarian Ministry of Finance in the 1980s, to illustrate the importance of political stability [1] - Recent events, including France's efforts to repair public finances and Trump's criticisms of Powell, further underscore the political pressures faced by governments [1] Group 2: Monetary Policy - Radev believes that the ECB's current deposit rate of 2% is at or very close to a neutral level, suggesting that any further adjustments will be cautious and data-dependent [1] - He will begin participating in ECB meetings as an observer starting in September [1]