Past Event

Disruption or transformation: the impact of a digital euro on the financial system

How would a digital Euro impact the financial system?

Date: February 10, 2021, 2:00 pm Topic: European Macroeconomics & Governance

LIVESTREAM & O&A

Bruegel · Disruption or transformation: the impact of a digital euro on the financial system | 10 Feb 2021

The European Central Bank is in the process of considering whether to issue a digital euro. The digital euro would still be a euro, like banknotes but digital – an electronic form of central bank money accessible to all citizens and firms. While a digital euro would combine the efficiency of a digital payment instrument with the safety of central bank money, some concerns have been raised about its potential impact on the financial system.

Fabio Panetta, Member of the ECB’s Executive Board and Chair of the Eurosystem task force on a digital euro, will focus on the potential effects of issuing a digital euro on financial intermediation, financial stability and the international financial system and consider some key design principles to mitigate unwarranted implications.

Speech by Fabio Panetta

Schedule

Feb 10, 2021

14:00-14:15

Initial remarks

Fabio Panetta, Member of the Executive Board, European Central Bank

14:15-15:00

Conversation and Q&A

Fabio Panetta, Member of the Executive Board, European Central Bank

Guntram B. Wolff, Director

Speakers

Fabio Panetta

Member of the Executive Board, European Central Bank

Guntram B. Wolff

Director

Location & Contact

Bruegel, Rue de la Charité 33, 1210 Brussels

Matilda Sevon

[email protected]

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