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digital euro

Europe News

European consumers want a reliable, easy-to-use and free digital euro

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EuroVerify

Is the EU banning American credit cards?

Social media users allege that ECB President Christine Lagarde has announced plans to get rid of the likes of Visa, Mastercard and PayPal.

EuroVerify

No, Norway and Sweden haven't banned digital transactions

The claims appear to have sprung from reports that the Nordic countries have started advising citizens to keep a supply of cash at home in the case of a digital banking crisis.

Economy

ECB's Lagarde signals inflation relief, urges push for a digital euro

ECB President Christine Lagarde told the European Parliament that inflation is easing and rate cuts are taking effect but warned of trade risks. She reaffirmed a cautious, data-driven approach and stressed the need for a digital euro to strengthen Europe's financial autonomy.

EuroVerify

No, Christine Lagarde doesn't want to scrap cash for climate

A video is being shared on social media which allegedly shows Christine Lagarde, president of the European Central Bank, calling for the abolition of cash in order to reduce our carbon footprint.

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Money

Which countries in Europe are most prepared to go cashless?

The Nordic countries are leading the way for adopting a future without cash transactions, while Armenia, Georgia, and Germany fall behind, according to a recent analysis.

Business

Cross-border payments still not easy enough, says Revolut Europe CEO

Launched in 2015, Revolut announced earlier this month that it had hit the 50 million customer mark globally, emerging as the most downloaded financial app in Europe.

Europe News

EU must keep 'urgency' of digital euro process, says ECB project lead

Evelien Witlox, project director for the digital euro at the European Central Bank, discusses how the proposal is progressing, how the currency would work in practice, and what the key concerns are at this stage.

Radio Schuman

Chinese EVs tariffs fallout: Is Germany losing influence in Brussels?

Is the EU one step closer to a trade war with China? What does last Friday's vote on the bloc's tariffs against Chinese-made electric vehicles mean for Berlin's influence in Brussels? Find the answers in today's Radio Schuman podcast episode.

Radio Schuman

How will France's new right-leaning government impact the EU?

After weeks of tough negotiations, France unveiled its new government, which sharply shifted to the right.

Money

Over 130 countries now exploring digital currencies as interest soars

Central banks worldwide are now looking into digital currencies, according to a new study from a US think tank.

Money

Europe's rival to Visa and Mastercard soon to roll out in Belgium

US payment giants Visa, Mastercard, PayPal, Apple and Google Pay are getting a new rival in Europe: it's called Wero and it's already available to some consumers in Germany and by the end of July in Belgium - how does it work and what are its features?

Markets

Decoding the digital euro: A potential new means of payment

The European Central Bank (ECB) is working on the preparatory phase of the digital euro to make it as close to cash as possible in terms of privacy, safety, and accessibility — yet stakeholders remain concerned about its design and necessity.

Markets

Euroviews. Banking lobby's influence risks undermining digital euro's potential

Lawmakers as representatives of the people should resist the anticompetitive proposals of the banking sector and embrace a vision of the digital euro that serves the collective interests of Europeans, Dr Martijn van der Linden and Vicky Van Eyck write.

Economy

Spain's economy is thriving: Why it's growing more than its EU rivals

The Spanish economy is thriving, with tourism, domestic spending, and investment set to continue propelling growth this year.

Economy

Euroviews. We deserve better than the digital euro

Even if the digital euro began as an exploration into solving financial system friction and not just a way to outmanoeuvre the expansion of EU stablecoins, it now can evolve into something far worse, Marc Taverner writes.