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The digital euro takes a decisive step: what it is, why Europe wants it and how long it will take to have it on mobile
Spain🏛️ PoliticsCenter8 hr. ago

The digital euro takes a decisive step: what it is, why Europe wants it and how long it will take to have it on mobile

The European Parliament has approved the initiation of negotiations with the EU Council to establish regulations for the digital euro, marking a decisive step toward its approval. The decision followed objections from the Conservative and Reformist European groups and Patriots for Europe regarding the negotiation mandate. The Parliament announced plans for the first round of talks under Ireland’s presidency of the Council. According to the ECB’s timeline, the digital euro could reach citizens' mobile devices by 2029. This initiative aims to modernize money for the 21st century and reduce reliance on foreign payment providers.

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1 reports

El País logoEl PaísIndependent🔒Center8 hr. ago
The digital euro takes a decisive step: what it is, why Europe wants it and how long it will take to have it on mobile

The European Parliament has approved the initiation of negotiations with the EU Council to establish regulations for the digital euro, marking a decisive step toward its approval. The decision followed objections from the Conservative and Reformist European groups and Patriots for Europe regarding the negotiation mandate. The Parliament announced plans for the first round of talks under Ireland’s presidency of the Council. According to the ECB’s timeline, the digital euro could reach citizens' mobile devices by 2029. This initiative aims to modernize money for the 21st century and reduce reliance on foreign payment providers.

Bias read (Center): The article presents the development of the digital euro as a neutral update to monetary systems, focusing on technical and strategic goals such as modernization and reducing dependency on foreign providers. It reports on parliamentary decisions and institutional timelines without overtly favoring a

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