Scholz is banking on Europe and Draghi, Digital euro as a complement to cash
Wednesday 20 October 2021 – Vol.12 Ed.42.3
Commentary: Italy and France advance in German agenda
By David Marsh in London
Italy and France look set to top Germany’s European policy agenda if, as expected, Finance Minister Olaf Scholz heads a new Berlin government. There were few hints of concrete European initiatives in the three-party document published on 15 October as a prelude to formal coalition talks between Scholz’s Social Democratic Party, Greens and liberal Free Democrats. However, Scholz seems likely to bank heavily on reaping European goodwill.
Read the full commentary on the website.
Commentary: Digital euro will bring innovation opportunities
By Tanja Heßdörfer in Munich
In July 2021, the European Central Bank confirmed that it is beginning a two-year investigation into the digital euro, with sights set on a 2026 launch. It is a bold step for the payments industry, and one that could open up exciting new opportunities within Europe. The digital euro will play a role in safeguarding European sovereignty – in digital, monetary and economic terms – and could be a great foundation for innovation.Â
Read the full commentary on the website.
