A digital euro - could it happen?
In: EU Observer
The president of the European Central Bank Christine Lagarde revealed last week that she thinks the ECB will go ahead with the digital euro, an electronic form of central-bank money accessible to all.
"Banknotes are still to stay," Lagarde said in an online interview at the Reuters Next conference, "but I think we will have a digital euro."
The final decision is expected sometime this summer, based upon, amongst other input, a public consultation that the ECB concluded also last week, and which received more than 8,000 responses – a record level of feedback.