James Simcox explains why the ECB’s rush to compete with "Big Tech" must not come at the expense of Europe's fintech ...

The push for a digital euro has gained greater urgency as Europe seeks to bolster its financial sovereignty, thereby prompting the international position of the euro as reserve and payment currency.

The European Parliament supported issuing an online and offline digital euro – breaking with a proposal by the leading lawmaker on the topic to only create the latter. Legislators on Tuesday approved ...

FILE PHOTO: Euro banknotes, Visa and Mastercard cards are placed on a keyboard in this illustration taken September 24, 2025. REUTERS/Dado Ruvic/Illustration/File Photo MILAN, Feb 10 (Reuters) - The ...

The test is due to run for 12 months during the second half of 2027.

A digital payment revolution has transformed how Europeans spend money, but the continent's ambitious response — a government-issued digital euro — faces fierce political resistance and public ...

Preparation for the launch of the digital euro CBDC continues with an eye toward a potential October 2025 launch decision. The European Central Bank (ECB) has released its second progress report on ...

Failing to recognise that it is now essential to advance the digital euro is harming Europe, German Vice-Chancellor and Finance Minister Lars Klingbeil told journalists on Monday, ahead of a meeting ...

The digital euro is viewed as a strategic tool to safeguard Europe’s monetary independence and prevent reliance on foreign digital payment solutions. Image: Envato The Eurosystem has taken another ...

MILAN, Feb 10 (Reuters) - The European Parliament gave its ‌first major backing to the digital ‌euro on Tuesday, endorsing the European Council's negotiating stance for a central bank digital currency ...