Proposal #3: Greece’s participation in the ECB’s QE programme during the re-investment period With 3-4 notches up in the next 8 to 12 months and the investment grade for Greece within reach, the ECB may potentially examine the purchase of Greek government bonds under its public sector purchase programme during the reinvestment period, which will last for at least two years (end-2020).
This initiative is seeking to replace national schemes for cards, online and mobile payments with a unified card and digital wallet that can be used across Europe.12 Beyond that, digitalisation will leave more and more processes fully automated. Therefore, incorporating a programmable payment medium would be practical and relevant for smart contracts or machine-to-machine payments.