“A digital euro would additionally improve the integrity and security of the European fee system at a time when rising geopolitical tensions make us extra susceptible to assaults to our important infrastructure,” be obtainable “to everybody, in all places, at no cost,” and will stimulate innovation and competitors in a market dominated by a couple of main gamers, largely from the U.S., stated Dombrovskis within the put up co-authored with European Central Financial institution’s (ECB) Government Board Member Fabio Panetta.
