Lagarde: AI does not yet bring a wave of layoffs - Digital euro ready by the end of the term
European Central Bank President Christine Lagarde stated that artificial intelligence has not yet led to massive layoffs in the Eurozone, while also emphasizing the importance of completing projects like the digital euro during her term.
Controversial Project: The Euro Becomes Digital
The European Central Bank plans to launch a controversial digital Euro by 2029, amidst diverse opinions and the support from unexpected political figures.
A completely new payment method is being built in Europe
Europe plans to introduce a so-called digital euro by 2029, amidst concerns about cash elimination and the control of people's money movements.
US sanctions force acceleration of the digital euro
US sanctions are pushing the European Central Bank to expedite the development of a digital euro to avoid dependence on foreign payment systems.
X Network Appeals Against 120 Million Euro Fine. It Received It for Violating Content Rules
Social network X, owned by billionaire Elon Musk, has appealed a 120 million euro fine imposed by the European Commission for violating digital content regulations.
ECB Official: The digital euro will cost EU banks between 4 and 6 billion over 4 years
The introduction of the digital euro could cost European banks between 4 and 6 billion euros over four years, according to a European Central Bank official.
Hacker arrested after bypassing systems to pay one cent euro for luxury accommodations
A 20-year-old hacker was arrested in Spain for manipulating a hotel's reservation system, allowing him to pay just one cent for luxury rooms worth up to 1,000 euros per night.
The State Allocates 16 Million Euros: The Goal is to Relieve Families of Care Burdens
Estonia is launching a nearly 16 million euro welfare technology program aimed at supporting the elderly and people with special needs to remain independent and safe at home longer.
Euro Central Bank: The ECB is Overextending Itself
The article discusses the European Central Bank's (ECB) overreach into areas beyond its mandate, warning that this could have dangerous implications as inflation stabilizes.
Aura Salla from the National Coalition Party warns: Credit cards have a hidden kill switch
Aura Salla, a Member of the European Parliament from Finland, warns that credit card payments in Europe could be halted by political decisions due to a hidden 'kill switch' feature in credit card technologies.
The ECB urges EU leaders to deepen the single market to revitalize the European economy
The European Central Bank has called on EU leaders to enhance the single market as a means to revitalize the economy amidst a global geopolitical turmoil.
Exclusive ECB, the digital euro, research, and other urgencies indicated by Lagarde for the EU summit
The European Central Bank (ECB) is highlighting the digital euro and further research as key priorities for the upcoming EU summit, according to a leaked document.
European Parliament: First 'green light' for digital euro in online and offline operation
The European Parliament has given the first approval for a digital euro, ensuring its functionality both online and offline.
By the numbers.. Will the 'digital euro' save Europe from the dominance of American 'Visa' and 'MasterCard'?
The article discusses concerns in Europe regarding the dominance of Visa and MasterCard in the payment sector and explores the potential emergence of a digital euro as a solution.
European Parliament supports digital euro online and offline
The European Parliament has endorsed the issuance of both online and offline versions of a digital euro, contrasting with the initial proposal focusing solely on the online aspect.
Digital euro: Approved by the European Parliament
The European Parliament has approved the issuance of a digital euro with both online and offline functionalities.
Pierro Tsipolone: The 2+1 Categories of Citizens Who Will Benefit from Digital Euro
Pierro Tsipolone highlighted the benefits of the digital euro for consumers, merchants, and payment service providers at a speech in Cyprus.
EU needs to wean itself off Visa and Mastercard โ banking chief
The head of a major European bank consortium has called for the EU to urgently reduce its reliance on US payment systems like Visa and Mastercard.
Yannis Stournaras (Bank of Greece): Political Stability is the Most Important Asset
In a recent radio interview, Yannis Stournaras emphasized that political stability is critical for a country's success, especially amid global uncertainties.
The value of the public digital euro
The European digital currency aims to reduce dependency on foreign companies.
Pedagogy on the digital euro
The article discusses the European Central Bank's initiative to launch a digital euro by 2029 and emphasizes the need for public engagement in understanding this shift.
The digital euro approaches your mobile: what it is, how it differs from cryptocurrencies, and why Europe stakes its sovereignty on this project
The European Central Bank is developing a digital euro to adapt to the digital economy and maintain control over payment systems amidst geopolitical tensions.
Brussels warns of a million-euro fine for TikTok due to its 'addictive features'
The European Commission has announced that TikTok is violating the Digital Services Act (DSA) due to its addictive features, including infinite scrolling and highly personalized recommendations.
The legislative path of the digital euro project is at risk due to political disagreements
The legislative progress of the digital euro project in the European Parliament is threatened by political disagreements, as reported by Euronews.
This compromise turns the 'new' euro into a flop
As of 2029, all consumers in Europe are expected to use a digital euro, but conflicting interests threaten to derail the ambitious project, leading to a poor compromise despite a simple solution being available.
Disagreement among Representatives Blocks Introduction of Digital Euro
Members of the European Parliament are struggling to reach a compromise on the digital euro's design, jeopardizing the entire legislative process due to fundamental disagreements.
2026 will be the year of the digital euro. Banks wary of the fintech specter
Italian MEP Guido Crosetto emphasizes Italy's strong position on key issues like automotive, green housing, and digital euro during an event in Limone Piemonte.
68 Experts Call for Launch of Digital Euro to Combat American Dominance
68 economists urged the European Parliament to support the launch of a digital euro, warning about the increasing dominance of American companies in the digital payment sector.
Finance industry doubts digital euro - survey shows wide skepticism
A survey by the Center for Financial Studies reveals that the majority of finance professionals doubt the necessity of the digital euro and expect low customer acceptance, while fundamental criticisms of the project remain unresolved.
Mostovci: We need to protect cash through the Constitution
Members of the Most party and independent representatives in the Croatian parliament oppose the introduction of a digital euro, arguing for constitutional protection of cash in Croatia.
ECB Expert Interview: Why the ECB Is Committed to the Digital Euro Despite Resistance
In an interview, ECB representative Patrick Papsdorf explains the central bank's commitment to the digital euro amidst calls for its halt from Commerzbank's chief economist Jรถrg Krรคmer, with a pilot launch planned for 2027.