How Central Banks Can Help Drive Innovation in Europe

14/02/2025 at 2:13pm

*By Costas Papadopoulos

We usually associate central banks with things like taming inflation and keeping the financial system stable rather than with cutting-edge tech hubs, right? But these institutions have a surprisingly big role to play in Europe’s innovation game, especially as we tackle big issues like going green, keeping up digitally, and boosting economic growth.

Here’s a look at how they’re already contributing and where they could do even more.

A Stable Economy: The Launchpad for Innovation

Think of it this way: innovation needs a solid foundation. Businesses aren’t likely to gamble on new ideas if they’re worried about wild inflation swings or shaky financial markets. Central banks help create that stable environment, giving businesses, investors,…

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