Digital Euro: Cash meets Technology

Record of event

About

In recent years, central banks have been challenged to respond to the changes that digitalisation has brought to the payment landscape. This is why the Eurosystem is exploring the possibility of issuing its own central bank digital currency – a digital euro. It would provide an additional secure and trusted means of payment, complementing cash and, in a simplified way, being conceived of as digital cash. After we started the exploratory phase of the Digital Euro project in October 2021, we have decided within the ECB to move to the next, preparatory phase.

This raises a number of questions, such as:

• Why a digital euro?
• What would a digital euro look like?
• What would be the benefits of a digital euro for end-users?
• What is the timeline of the project?
• What are the risks?
• What about cash?

The event will be centred on a panel discussion chaired by Marko Pahor, Vice Governor of Banka Slovenije. The panel will include:

• Peter Kažimír, Governor of Národná Banka Slovenska
• Madis Müller, Governor of Eesti Pank
• Edward Scicluna, Governor of the Central Bank of Malta
• Gediminas Šimkus, Governor of Lietuvos bankas
• Boris Vujčić, Governor of Hrvatska narodna banka
• Boštjan Vasle, Governor of Banka Slovenije.