70 European economists, including the Frenchman Thomas Piketty and two former central bankers - the Spaniard Miguel Fernandez Ordoñez and the Cypriot Panicos Demetriades - warn against the financial lobby, which is trying to “hollow out the digital euro project”, in an open letter sent to MEPs on Sunday 11 January (see EUROPE B13777A12).
Economists are asking: will Europeans assert control over their money in the digital age, or do we allow others to control it for us?
At a time when...