Europe countries – The Value 🏆 Digital World

Eurosystem launches digital euro project

15/08/202107/02/2022 admin

Eurosystem launches digital euro project ? Investigation phase of digital euro project to last 24 months ? Design to be based on users’ preferences and technical advice by merchants and intermediaries ? No technical obstacles identified during preliminary experimentation phase The Governing Council of the European Central Bank (ECB) has decided today to launch the investigation phase of a digital euro project. Following the decision, the President of the Eurogroup Paschal Donohoe joined the meeting, congratulated the Governing Council and expressed his full support for the project. “It has been…

Euro

13/12/201707/02/2022 admin

The euro (sign: €; code: EUR) is the official currency of the European Union. Currently 19 of 28 member states use the euro (eurozone). It is the second most traded currency in the foreign exchange market after the United States dollar. The euro is subdivided into 100 cents (defined as eurocent). The currency is also officially used by the institutions of the European Union and four other European countries, as well as unilaterally by two others, and is consequently used daily by some 337 million Europeans as of 2015. Outside…