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Lagarde Sees Digital Euro Legal Framework by Year-End
The ECB president says Ireland’s finance minister aims to complete work on the digital euro’s legal basis before the end of 2026.
Key takeaways
- Lagarde hopes the digital euro’s legal framework will be in place by the end of 2026.
- Simon Harris aims to finish the work before the end of 2026, Lagarde said.
European Central Bank President Christine Lagarde hopes the legal basis for issuing a digital euro will be ready by the end of 2026. She said Ireland’s finance minister, Simon Harris, aims to complete the work before then.
Lagarde made the comments in an interview with the Atlantic Council on the sidelines of the IMF and World Bank annual meetings. She said the process now rests with Parliament, the Council and the Commission.
She said she believed Harris would get the work “over the finish line.”
Topics
European Central BankDigital euro
Further reading
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