Digital Euro: October 2025 Deadline and EU Legislation

On your second point,

I tend to share your views.

Nature doesn't like vacuum,

and we started working on, on the digital euro,

uh,

way back actually when I started my term

five and a half years ago.

And I'm not claiming, you know, parental,

parentality on the digital euro because my colleague Benoit Coeuret

had already committed a speech on this matter before I arrived.

But I certainly, uh, carried on, uh, with that

project and subsequently Fabio Panetta

on the board and then Piero Cipollone, uh, who has, uh, replaced

Fabio, have, you know, taken the lead together with a very, very,

uh, good team, uh, which is focused on

accelerating the pace

and hopefully campaigning enough

with all the stakeholders, meaning

European Parliament, meaning

European Council, meaning European Commission, so that we

can eventually, you know, not put to bed, but put, uh,

to reality this digital euro. The deadline for us is

going to be October

of '25,

and we are getting ready for that deadline, but we will not

be able to move unless the other parties, the

stakeholders, as I call them, uh, commission, council, and

parliament, actually complete the legislative process

without which we will not be able to move.

And I think it is critically important, and it seems to the

agnostic or the skeptics, it seems to be

more relevant and more of an imperative now

than ever before,

both on the wholesale and on the retail level. Both.

And