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Top Economists Urge EU to Resist Lobbyists and Back Digital Euro

A coalition of leading European economists has issued an open letter urging the EU to shield the digital euro initiative from financial‑industry lobbying. They argue that delays or compromises could leave the euro area reliant on U.S. card networks and private digital currencies, increasing geopolitical and systemic risk. The letter arrives as banks and some MEPs express concerns about deposit flight and legislative hurdles. The economists stress that a robust digital euro is essential for monetary sovereignty in the digital age.