The European Parliament has marked a significant step forward in the establishment of a digital euro by approving the European Council's position on a digital central currency that will function in both online and offline capacities. This decision comes as part of the parliament's discussions involving the European Central Bank's annual report for 2025, emphasizing the need for digital currency that guarantees equal access to payment services and introduces a new form of public money usable in various payment contexts.

Europarliamentarians approved two amendments on Tuesday that support the call for a digital euro. Niko Papandreou, a member of the Socialist and Democratic Group and shadow rapporteur on the matter, hailed this vote as a "significant victory" for the group. He remarked on the urgency for Europe to reclaim its monetary independence by introducing a robust, reliable, unobstructed, and universally accessible payment method. The discussions reflect a growing trend within the EU to modernize its monetary structures and ensure that European citizens have access to an up-to-date and efficient type of currency.