[22] In that phase, we will develop and test the possible technical solutions and business arrangements necessary to provide a digital euro. These two processes – legislative and design – should advance in parallel so we can be in a position to promptly begin issuing a digital euro, if and when warranted.
The possible decision by the Governing Council to issue a digital euro would be taken only after the legislative act has been adopted. We will take all the necessary measures to ensure that the digital euro would act as a true public good. But all European institutions have to play their part to achieve our common goal of making the digital euro a success.