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…
Impact and considerations
Progress on digital euro legislation and the euro's international role could reshape European payment infrastructure, affecting cross-border payments, corporate treasury and settlement arrangements. If the banking simplification agenda advances, it would lower compliance and reporting costs, with direct implications f…
Key points
- EU Commissioner Dombrovskis outlined three themes at the Eurofi forum in Dublin: the digital euro, the euro's international role, and banking simplification.
- Nearly two-thirds of card transactions in the euro area run through non-European providers, and 13 member states rely entirely on international schemes.
- The digital euro's first issuance is targeted for 2029, with the Commission backing the Irish Presidency's aim to conclude trilogue talks by year-end.
- Outstanding EU bonds have reached around €800 billion, and the Commission will push for their inclusion in sovereign bond indices.
- The simplification agenda has tabled 12 Omnibus proposals, expected to save businesses at least €17 billion in net administrative costs yearly.
Sources and time
- Primary source
- European Commission
- Other sources
- 0
- First source publication
- 17 Sept 2026, 06:00
- Page published
- 17 Sept 2026, 23:58
- Last updated
- 17 Sept 2026, 06:00
- Original links
- European Commission Press Corner：Remarks by Commissioner Dombrovskis at Eurofi (opens in a new tab)Primary source · en · Published 17 Sept 2026, 06:00