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ECB President Christine Lagarde Says Digital Euro Could Complement Cash

2 mins
Updated by Kyle Baird
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In Brief

  • The ECB President said the Digital Euro could "be a complement to" cash in a speech at the Franco German parliamentary assembly.
  • The ex-IMF Chief also suggested that the Digital Euro could accelerate the development of a European 'Digital Single Market.'
  • Lagarde also implied that the Digital Euro could fit into a strategy to build "bridges" between Europe's economies and aid post-pandemic recovery.
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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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