Digital Euro Needs Curbs to Halt Lending Crunch, ECB Study Finds

Digital Euro Needs Curbs to Halt Lending Crunch, ECB Study Finds


The optimum amount of digital euros to have in circulation would be between 15% and 45% of quarterly real gross domestic product (GDP), the economists found. Since the eurozone’s quarterly GDP is about 3 trillion euros, Panetta’s suggestion of a 3,000 euro cap would sit pretty much in the middle of that range, at 34%.

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