* * * Ladies and Gentlemen, It gives me great pleasure to be here today in Delphi to address an audience of such distinguished people, from academics to those involved in policy-making at the highest levels. In my speech, I want to focus on two main themes. First, Greece. What progress has been made? Where do we stand?
That is why several working groups in the Eurosystem are testing possible technical designs of a digital euro and analysing the economic implications of its issuance. There are various challenges that need to be tackled. To name some key aspects: We have to address the risks a digital euro might pose to financial stability and monetary policy.