France, Germany hope to jump-start work on digital euro project

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France and Germany hope to get a digital euro project up and running before the year is out, said the finance ministers of the two countries on Wednesday during a meeting in Berlin. A digital currency is important for European sovereignty, said German Finance Minister Olaf Scholz during the meeting with his French counterpart, Bruno le Maire, who noted that such an innovation would beef up Europe’s international role. “Europe has to be a leader when it comes to digitalization,” he said. A digital euro would increase the number of payment options available and would also serve as a competitor w…

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