Commissioner Dombrovskis at Eurofi on Digital Euro and Financial Competitiveness

EU Commissioner Dombrovskis, speaking at the Eurofi forum in Dublin, outlined three themes: the digital euro project, strengthening the euro's international role, and a simplification agenda to boost banking competitiveness. He noted nearly two-thirds of card transactions in the euro area run through non-European providers, while 13 euro area member states rely entirely on international schemes. The digital euro's first issuance is targeted for 2029, with the Commission supporting the Irish Presidency's aim to conclude trilogue negotiations by year-end. He also said outstanding EU bonds have reached around €800 billion and that the Commission will push for their inclusion in sovereign bond…