Stay updated with breaking news from Markus Ferber. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The European Central Bank took a further step on Wednesday towards launching a digital version of the euro that would let people in the 20 countries that share the single currency make electronic...
:quality(70):focal(2845x1952:2855x1962)/cloudfront-eu-central-1.images.arcpublishing.com/irishtimes/7YWCPVISN64SM4FXY6JNOENC4Y.jpg)
Central bank says digital currency will create competition in the market for payments dominated by US credit card companies
The European Central Bank took a further step on Wednesday towards launching a digital version of the euro that would let people in the 20 countries that share the single currency make electronic payments securely and free of charge. The ECB said it would start a two-year "preparation phase" for the digital euro on November 1, in which it would finalise rules, choose its private-sector partners and do some "testing and experimentation". "After two years, the Governing Council will decide whether
Proposal amending the Solvency II Directive
The entry of Chinese electric vehicle producers is stirring up discontent among EU producers, whose labored adoption of electrification has left them with an... 18.09.2023, Sputnik International