Tag: digital Euro
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Digital Euro on track to the European Parliament after Danish Presidency concludes draft text
The legislation for the digital Euro is set to go to the European Parliament after a first tentative text was concluded at the European Council negotiations led by the Danish Presidency. The initial stages of the discussions of the European Council involved diplomats from member-states so member-states have already agreed on a tentative draft text…
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ECB Chief urges European legislators to introduce legislation on the Banking Union and the Digital Euro
The European Governing Council met on Thursday in Firenze and kept interest rates unchanged as expected prompting little attention. The meeting was followed with Fed’s announcement that it was to lower its interest to 3.75-4%. Yesterday, Eurostat issued a flash estimate of inflation in the Euro-area in October coming at 2.1% in accordance with the…
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The digital Euro to strengthen Europe’s sovereignty
During yesterday’s European parliament questioning to the European Central Bank Chief Christine Lagarde, the topic that stood out was the digital Euro. Both the members of the European Parliament and the ECB Chief agree that the digital Euro will strengthen Europe’s sovereignty and decrease dependence on US companies that currently dominate private money-rails. MEP Nikos…
