European Parliament Backs Digital Euro as Strategic Asset
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The European Parliament has strongly endorsed the ECB’s digital euro project, framing it as essential for EU monetary sovereignty and retail payment resilience. In a vote on the ECB’s annual report, 443 lawmakers supported the project, with 71 against and 117 abstaining.
MEPs emphasized that a digital euro could reduce reliance on non‑EU payment providers, prevent fragmentation in retail payments, and strengthen the integrity of the single market. At the same time, the resolution underscores the importance of central bank independence to maintain price stability and market confidence.