A digital euro is many years away, and the fact it is not intended to replace physical cash means that it won’t supercharge monetary policy as some may hope. However, it could become the norm for small cash transactions in the bloc over time and will at least ensure that the ECB does not get left behind.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services