References Altunbas, Y., L. Gambacorta and D. Marqués-Ibáñez (2010), “Does monetary policy affect bank risk-taking?”, ECB Working Paper, No. 1166. Angelini, P., S. Neri and F. Panetta (2010), “Monetary and macroprudential policies”, mimeo, Banca d’Italia. Bank of England (2009), “The role of macroprudential policy: A discussion paper”, November.
At the end of the investigation, the Governing Council would take a decision on the design and on whether to move to the implementation of user requirements. This phase, which would take several years, would see the development of integrated services, testing and possible live experimentation of a digital euro.