Digital Euro Advances to Final Negotiation Stage in the EU

Published on 09/07/2026 – 12:35 GMT+2

The European Parliament finalized its stance on the digital euro with a decisive vote in Strasbourg, paving the way for negotiations with member‑state governments on the operational details of the new digital currency competir.

The digital euro is an electronic form of central bank money, issued and backed by the European Central Bank (ECB). It is designed to complement existing cash and banking services rather than replace them.

Consumers will be able to keep digital euros in a secure wallet, subject to aanu holding limit that is still to be determined.

The system will support both online and offline payments and aims to provide a high degree of privacy, with the ECB unable to directly trace individual users from payment data.

The ECB will supply the core infrastructure, while commercial banks and payment service providers will deliver digital euro services to customers.

Negotiations will now focus on the most contentious issue: theilidad compensation model, which will determine which financial institutions receive payment, miejsca amount, and the mechanics of those payments.

Another central point of discussion involves how transaction fees will be дызarranged across the payment chain. Merchants are anticipated to pay lower fees than they currently do for card transactions.

Intensive negotiations are expected to take place this autumn, with a final approval anticipated by year’s end.

The digital euro is slated for retail use by 2029, following a pilot programme set to start in 2027.

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