Second, the Eurosystem widely engages with citizens, enterprises, the financial sector and public authorities to get a detailed picture of their needs, and also of the benefits and challenges they expect from a digital euro. In April, the results of a public consultation on the digital euro, which attracted a record number of more than 8,000 responses, were published.
This can be attributed to structural weaknesses of the agriculture sector reflected in low level of public investment, exhaustion of the yield potential of new high yielding varieties of wheat and rice, unbalanced fertiliser use, low seed replacement rate, an inadequate incentive system and post harvest value addition.