Lagarde says euro-area economy is resilient, digital euro imminent
60-second summary
ECB President Christine Lagarde declares the euro‑area economy remains resilient and announces the digital euro’s imminent launch, saying it will “further stimulate innovation and competition in retail payments.” She emphasizes that the new tokenised currency aims to enhance payment efficiency, broaden access, and bolster Europe’s fintech leadership, potentially reshaping the region’s payments landscape.
“The digital euro will further stimulate innovation and competition in retail payments,” according to the ECB president.