On Wednesday 5 November, Fernando Navarrete (EPP, Spanish), European Parliament’s rapporteur for the legislative proposals on establishing the regulatory framework for a future digital euro, presented his draft text (see EUROPE B13743A11) to members of Parliament’s Committee on Economic and Monetary Affairs (ECON).
Displaying a “nuanced” position, Fernando Navarrete argued in favour of prioritising market-based solutions in order to strengthen European payment sovereignty and...