In a joint op-ed for the German “Frankfurter Allgemeine Zeitung” newspaper and the French “Le Figaro” newspaper, Banque de France Governor François Villeroy de Galhau and Bundesbank President Joachim Nagel share their thoughts on Franco-German friendship, European integration and current challenges such as inflation and geopolitical crises.

Two years have been spent exploring the possible design and distribution of a digital euro. Now, the Governing Council of the ECB is moving to the next phase of the project. This will lay the foundations for a potential digital euro. It will involve, amongst other things, finalising the digital euro rulebook and selecting providers that could develop a digital euro platform and infrastructure. However, a decision on whether to actually issue a digital euro will be made at a later date.