Eurozone Finance Ministers Pledge Support for Digital Euro Project, Talk Privacy

Eurozone Finance Ministers Pledge Support for Digital Euro Project, Talk Privacy

The ministers of finance of the countries in the eurozone reaffirmed their support for efforts to prepare for the potential launch of a digital euro. Meanwhile, the single currency area’s monetary authority sought to reassure future users that the new currency will be “preserving privacy by default and by design.”
Eurogroup to Remain Involved in Digital Euro Development, Says Many Decisions Are Political
Finance ministers of the EU member states that have adopted the common European currency, the Eurogroup, met on Monday in Brussels to mark Croatia’s accession to the eurozone and discuss current matters — from the economic situation to the fiscal policy coordination in the euro area.
One of the topics discussed was the advancement of the initiative to issue a digital version of the euro. In a statement adopted by the forum, the government officials vowed to continue their involvement, with Paschal Donohoe, the president of the informal format, quoted as saying:
What we plan t

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