If a digital euro project is started, building public trust, communicating on progress and engaging with our citizens will be critical to its success. If a digital euro were to be issued in future, it would exist alongside cash. Conclusion Let me conclude. Today’s event will touch on many of the initiatives stemming from both the Eurosystem’s and European Commission’s retail payments strategies.
These strategies aim to ensure that the European retail payments market is truly integrated and harmonised, providing a choice of ef cient, effective and secure payment solutions to citizens and merchants. The Central Bank is directly involved in a number of these initiatives and our work will continue as these strategies are further developed and implemented.