ECB shortlists euro banknote designs as rate outlook hinges on oil prices

The European Central Bank has unveiled a shortlist of ten concepts for its forthcoming euro banknote redesign, with a final selection expected by the end of the year. The proposed visual themes include concepts such as European culture and rivers.

Separately, Croatian National Bank Governor Ante Žigman stated that the central bank’s September monetary policy decisions will depend heavily on upcoming macroeconomic projections and oil price developments. Speaking after key benchmark rates were kept unchanged, Žigman noted that policymakers will re-examine economic projections and risk factors to guide future interest rate adjustments.

Sources: HRT Vijesti.