Digital Euro Key to Europe’s Financial and Strategic Autonomy, ECB and Commission Officials Say

The digital euro is a crucial tool for strengthening Europe’s financial and strategic independence and will complement physical cash amid the rapid digitalisation of payments. This is stated in a joint position by Piero Cipollone, Member of the Executive Board of the European Central Bank (ECB), and Valdis Dombrovskis, European Commissioner for Economy and Productivity, published on the ECB’s blog.

In their analysis, the two officials emphasise that the digital euro will ensure safe, inclusive and efficient payment options in the digital age....