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EUROPES The European Report
European Edition Thursday, 23 July 2026
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Politics

MEPs back digital euro as ‘geopolitical necessity’ to counter US payment-system dominance

MEPs back digital euro as ‘geopolitical necessity’ to counter US payment-system dominance
EUobserver

“We can no longer accept that digital payments are largely dependent on the goodwill of a few foreign providers. This package changes that,” said Markus Ferber, economy spokesperson for the conservative European People's Party group, after Tuesday's vote.

This story was reported by EUobserver. EUROPES curates Europe's most relevant coverage — read the full report at the original source.

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