There seems to be a tailwind to Japan’s economy. In this situation, the challenge for next year is, as Chairman Sakakibara often mentions, that firms should change by taking advantage of such a favorable environment, so that the next virtuous cycle in the economy will be firmly in place. The “pie” that the entire economy can share is getting bigger.
With a digital euro, we aim to transport all the benefits of cash into the digital sphere: A digital euro would give the general public access to an efficient and convenient means of payment. It would be broadly useable throughout the euro area – just like cash is today. The euro area consists of 20 countries.