Although the  BIS central bankers’ speeches  5  ECB Governing Council defines the monetary policy for the entire euro area, meaning that country-specific developments only have an indirect influence, I would like to say a few brief words about potential monetary policy problems. There is justification in that because all the large euro-area countries will be affected by an ageing society.
I therefore here wish to make a plea to my fellow central bank Governors, both present physically with us today and those who have not been able to make it due to their prior engagements, for us to join hands together for the elaboration of a regional model using CBDC with a view of improving cross-border payments.