Speaking at the Bundesbank’s Payments Symposium, Bundesbank President Joachim Nagel and Bundesbank Executive Board member Burkhard Balz have made the case for the Eurosystem pushing forward with its investigations into central bank digital currency. Both used their speeches as an opportunity to emphasise the benefits that a digital euro could bring. 
 

Against the backdrop of declining infection numbers and expiring legal requirements and measures, coronavirus-related protective measures, such as distance rules or general mask requirements, will end on 31 May 2022.

According to the general rules for Eurosystem monetary policy instruments and procedures, the outright purchase and sale of securities on the market (outright transactions) are considered standard open market operations within the Eurosystem’s monetary policy framework.