Central banks safeguard financial stability and inflation while also driving Europe’s innovation, according to Costas Papadopoulos, executive director at Cypriot fintech Moneygate.
He explained that “by ensuring a stable economic environment, central banks provide the necessary foundation for businesses to invest and innovate with confidence”.
“Businesses are unlikely to gamble on new ideas if they’re worried about wild inflation swings or shaky financial markets,” Papadopoulos said.
He emphasised that this
