[8] In the coming weeks and months, we will review the different design options and bring them together into a well-balanced concept for the digital euro. Based on this, the ECB Governing Council will decide in the autumn whether the project will continue in a preparatory phase towards actual implementation. This phase would take at least another three years.
The success of a digital euro cannot be taken for granted. This is why we are taking our time in order to reap the benefits and to contain potential risks. For a technological transformation as fundamental as CBDCs, we need rigorous analysis and open minds. With that said, I am looking forward to an open-minded discussion with all of you.