23 September 07:25

EU finance ministers are set to reach an agreement on the launch of the digital euro, a project that could be implemented in 2-3 years.

Adrian Rusu

IT&C knowledge

Foto: pixabay.com/ro

The European Union is accelerating steps towards the introduction of a digital version of the euro, intended to provide a European alternative to payment systems dominated by American giants Visa and Mastercard.

Discussions regarding digital euro have been ongoing for years, but the debate has accelerated this year.

Sources

Control F5

EU Ministers Agree on Roadmap for Digital Euro Launch

ȘTIRI PE ACELEAȘI SUBIECTE

Economy

ECB continues preparations for the digital euro, with a planned launch in 2029, despite the concerns of commercial banks and the opposition of MEPs.

International

The European Commission has signed a protocol that extends the automatic exchange of tax information with Switzerland, including electronic money products, digital currencies, as well as enhanced requirements regarding due diligence and reporting.

Current Affairs

The new rules adopted by the European Parliament aim to increase road safety, introducing measures for beginner and professional drivers, including digital licenses.

International

Members of the European Parliament propose that the executive directors of technology companies be held personally accountable if the platforms do not protect children online, according to a document obtained by POLITICO.

IT&C knowledge

The European Commission has unveiled a 1 billion euro initiative to promote the adoption of artificial intelligence in critical industries.

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