Economists Urge EU to Prioritize Public Interest in Digital Euro Project
A group of prominent economists has appealed to the European Parliament to ensure the digital euro prioritizes public interest and monetary sovereignty. They argue a Central Bank Digital Currency (CBDC) is essential to safeguard Europe's financial autonomy against private stablecoins and foreign payment corporations.
The signatories, including Thomas Piketty, characterize the digital euro as a necessary public good, warning that inaction could lead to increased dependency on non-European payment platforms and a potential loss of monetary sovereignty.
The European Central Bank (ECB) is in a preparation phase, exploring measures like holding limits to balance innovation with financial stability and address concerns from the banking sector.


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Economists Urge EU to Prioritize Public Interest in Digital Euro Project
A group of seventy prominent economists and policy experts has issued a formal appeal to the European Parliament, urging lawmakers to ensure that t...


