The European Parliament on Thursday gave the green light to open negotiations with the Council on a proposal for a digital euro, backing a text that frames the project as a way to provide citizens with a secure payment option and to reduce dependence on non-EU service providers.
What Parliament is doing
Plenary endorsed the start of interinstitutional talks over the digital euro file. The matter originates from the Committee on Economic and Monetary Affairs, which prepared the Parliament’s position adopted in plenary. By backing the text, MEPs authorised negotiators to engage with the Council to seek a final agreement on the proposal.
Why it matters
The adopted position highlights two core objectives: offering citizens a secure means of payment and lessening reliance on non-EU providers. Framing the digital euro in these terms places consumer protection and strategic autonomy at the centre of Parliament’s approach to the project.
What happens next
With plenary approval, Parliament’s appointed negotiators may now enter trilogue or other interinstitutional discussions with the Council to seek agreement on the final text. The press release does not specify the timetable for negotiations, nor does it detail the specific legal or technical provisions in the Parliament’s position.
Source: European Parliament press release
