European Central Bank must ensure that a digital euro benefits all citizens, the EESC says | European Economic and Social Committee

European Central Bank must ensure that a digital euro benefits all citizens, the EESC says | European Economic and Social Committee

In this own-initiative opinion approved during its October plenary session, the European Economic and Social Committee (EESC) supports the European Central Bank (ECB) in its assessment of the risks and benefits of introducing a digital euro. The EESC believes the adoption of a digital euro will benefit everyone in the euro area by making payment transactions quicker and more efficient, but financial and digital inclusiveness will be crucial for its potential roll-out. The EESC will continue to follow the work of the ECB as it considers the design of a possible digital euro. (...)