Report: Digital euro could have negative impact on EU economic activity
According to Copenhagen Economics Institute, a digital euro could have a negative impact on the EU's economic activity, resulting in a permanent GDP decline of 0.12% to 0.34%. The holding limit for central bank digital currency (CBDC) is 3,000 euros, and if 100% is used, it could lead to a bank deposit outflow of up to 739 billion euros, resulting in an additional financing cost of 20.4 billion euros per year for banks, leading to higher loan costs. The Copenhagen Economics Institute was commissioned by the European Banking Federation, which introduced the impact of a digital euro on financial stability and consumer welfare.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysts: U.S. auto tariffs reduce chances of Bank of Japan rate hike in May
A trader spent 3.12 SOL to buy Ghibli and currently has a profit of more than 125 times
Harpie announces closure of all services, users need to disconnect wallets in time
USDC market value exceeds 60 billion US dollars, setting a new record high
Trending news
MoreCrypto prices
More








