Part 1/6:
The Countdown to the Digital Euro: A Financial Reset on the Horizon
In a significant announcement from Christine Lagarde, the President of the European Central Bank (ECB), a new initiative is underway to hasten the transition to Central Bank Digital Currencies (CBDCs), specifically the digital Euro. Lagarde highlighted the urgency of this transition, stating that the deadline for the digital Euro's rollout is set for October 2025. With just a couple of years to go, the ECB is collaborating closely with the European Council and the European Commission to establish the necessary infrastructure for implementing this ambitious project.