Tag #Digital Euro

Showing 1 to 12 of 16 results

kathimerini.gr
🌐 85% Global Worthiness
News related image

Eurozone Finance Ministers Agree on Key Steps for Digital Euro

Eurozone finance ministers reached a key agreement on the creation of a digital euro, aiming to counter the rise of US stablecoins, with a broader agreement potentially reached by 2025, although the European Parliament remains hesitant.

Progress

16% Bias Score

Industry, Innovation, and Infrastructure
politico.eu
🌐 85% Global Worthiness
News related image

ECB Concedes to EU on Digital Euro Design

The European Central Bank (ECB) proposed granting EU countries more control over the digital euro's design, potentially resolving a year-long deadlock by allowing them final say on the maximum amount users can hold in digital wallets.

Progress

12% Bias Score

Reduced Inequality
faz.net
🌐 75% Global Worthiness
News related image

Digital Euro Implementation to Cost European Banks €18-€30 Billion

A PwC study estimates €18-€30 billion in costs for European banks to implement a digital euro, driven by IT infrastructure upgrades and staff requirements; German banks express concerns about the lack of added value compared to existing systems.

Progress

52% Bias Score

Industry, Innovation, and Infrastructure
dw.com
🌐 85% Global Worthiness
News related image

ECB Warns of Europe's Dependence on US Payment Systems

The European Central Bank expresses concern over Europe's reliance on US payment systems like Visa and Mastercard, highlighting the vulnerability of some countries and the growing use of US mobile payment apps; initiatives like the digital euro and the EPI's Wero system aim to offer alternatives, bu...

Progress

40% Bias Score

Reduced Inequality
lexpress.fr
🌐 85% Global Worthiness
News related image

Le Maire Proposes European Debt Pooling to Boost Euro

Former French Economy Minister Bruno Le Maire proposed pooling European debt exceeding 50% to strengthen the euro against the weakening dollar, suggesting a unified European debt instrument and accelerated digital euro implementation to counter US influence.

Progress

52% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 85% Global Worthiness
News related image

Europe's Payment System Faces Existential Challenge from Global Players

The European Credit Research Institute urges Europe to enhance its payment system autonomy, noting the rise of card payments (39% of POS transactions, 45% of value in H2 2024) yet highlighting higher fraud rates compared to credit transfers. Europe is promoting instant payments and a digital euro to...

Progress

52% Bias Score

Industry, Innovation, and Infrastructure
repubblica.it
🌐 85% Global Worthiness
News related image

Euro's Rise as a Global Reserve Currency: Three Key Factors

This analysis details three factors—Eurobonds, the digital euro, and global trade shifts—that could strengthen the euro's position as a global reserve currency, challenging the US dollar's dominance.

Progress

40% Bias Score

Reduced Inequality
tr.euronews.com
🌐 85% Global Worthiness
News related image

ECB Official Assures Profitability of Digital Euro for Payment Providers

European Central Bank (ECB) Governing Council member Piero Cipollone assured members of the European Parliament that the digital euro will be profitable for payment service providers, based on current information, while acknowledging ongoing debates regarding its implementation and potential challen...

Progress

16% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
News related image

Europe's Digital Payment Vulnerability: A Geopolitical Risk

Concerns are rising in Europe regarding its reliance on US-based digital payment systems like Visa and Mastercard, with the ECB president expressing alarm over vulnerabilities; however, an expert disputes the severity of the problem, highlighting the existence of domestic systems and pointing to the...

Progress

48% Bias Score

Industry, Innovation, and Infrastructure
lexpress.fr
🌐 85% Global Worthiness
News related image

ECB Launches Digital Euro Project to Reduce US Payment System Dominance

The European Central Bank is developing a digital euro to reduce dependence on US payment systems, starting the preparation phase in November 2023 after a two-year investigation, aiming to offer a secure and private digital currency usable online and offline while ensuring cash remains widely availa...

Progress

44% Bias Score

Reduced Inequality
de.euronews.com
🌐 75% Global Worthiness
News related image

ECB Denies Plans to Abolish Visa, Mastercard; Advocates for European Payment Alternatives

Social media falsely claims ECB President Christine Lagarde wants to abolish payment systems like Visa and Mastercard; Lagarde actually advocates for developing European alternatives to reduce reliance on US and Chinese technology, a position the ECB confirms.

Progress

12% Bias Score

Industry, Innovation, and Infrastructure
kathimerini.gr
🌐 85% Global Worthiness
News related image

EU Leaders Prioritize Economic Competitiveness, Resilience, and Digital Euro"

EU leaders, including ECB President Christine Lagarde, agreed to boost Europe's economic competitiveness and resilience by increasing investments, reforming its financial system, and accelerating the development of a digital euro, aiming to strengthen its global financial role.

Progress

24% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 16 results