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Digital Euro Named One of ECB’s Four Strategic Priorities

2 mins
Updated by Kyle Baird
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In Brief

  • ECB Executive Board member Fabio Panetta has named the Digital Euro as one of the bank's four priority issues.
  • According to Panetta, the Digital Euro will be key to satisfying consumer demand and maintaining Europe's sovereignty.
  • He praised the proposed CBDC as a "simple, costless, risk-free and trusted" pan-Eurozone means of payment.
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David Hundeyin
David is a journalist, writer and broadcaster whose work has appeared on CNN, The Africa Report, The New Yorker Magazine and The Washington Post. His work as a satirist on 'The Other News,' Nigeria's answer to The Daily Show has featured in the New Yorker Magazine and in the Netflix documentary 'Larry Charles' Dangerous World of Comedy.' In 2018, he was nominated by the US State Department for the 2019 Edward Murrow program for journalists under the International Visitors Leadership...
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