The role of the digital euro in a global and regional context
DOI:
https://doi.org/10.60054/PEU.2025.12.13-24Keywords:
digital euro, digitalisation, central bank, paymentsAbstract
The digital transformation affected how we live, work, trade, travel and use different services. It also affected how citizens and businesses interact with governments, how we make our everyday payments and transactions. Step by step, it also influences the way monetary policy will be conducted in the future. The efforts to introduce a digital euro in the EU aim to respond to all those changes and transformations. The current paper will describe the concept, the role and the project itself for the future digital euro. It presents a large number of opportunities, including for Bulgaria, in relation to the future digital legal tender and means of payment. But the digital euro is associated with many challenges and risks, which will also be described. There are still many uncertainties about the design and concrete characteristics of the digital euro. However, one thing is certain. After its introduction, the digital and financial inclusion, the payment landscape and the ECB monetary policy will be substantially different.
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