Browsing: digital Euro

The European Central Bank (ECB) plays a pivotal role in shaping monetary policy across Europe and is crucial for the region’s financial stability.Recently, the ECB has issued a call for urgent collective action from EU leaders focusing on five critical areas, including the implementation of a digital euro.

The concept of a digital euro has gained significant attention, particularly as economists urge EU lawmakers to support the development of a public digital euro.This initiative is framed as a vital measure for safeguarding Europe’s monetary sovereignty against the rising influence of private stablecoins and foreign payment companies.

The European Central Bank has announced its intention to initiate a pilot program for a digital euro in 2027. This…