Our systemic stability is influenced by behavior of systemically important banks in BH. As most of them are foreign owned, we strongly support the Vienna Initiative, including Vienna 2.0 and maybe Vienna 3.0 in not so distant future. All the countries in our environment are small and for all of them foreign banks play a dominant role.
For example, if people would become reluctant to use cash, if other electronic payment methods could become unavailable owing to natural disasters, or if foreign digital means of payments threatened to largely displace domestic money. But introducing a digital euro could pose challenges. Some are technical, such as cyber risks and the protection of privacy.