The concept of the digital euro – a form of electronic money issued by the European Central Bank (ECB) – is rapidly moving from theory to reality; yet, its fundamental purpose remains ambiguous.
In its third consecutive meeting, the Governing Council of the European Central Bank (ECB) cut all three key interest rates by a quarter of a percentage point, as expected. They are now in the range of 3.00–3.40 per cent.
Mario Draghi's latest comments expressing his support for continuing the European Central Bank´s Quantitative Easing drew much controversy from northern Eurozone countries.