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New Survey Finds Low Awareness of Digital Euro as ECB Weighs Next Phase

Banks say planning for a central bank currency is delaying wider rollout of Wero, the bank‑backed instant‑payments alternative.

Overview

  • A 10‑country poll by BEUC, Euroconsumers and ICRT reports that 42% of adults and 51% of youths have never heard of the digital euro.
  • Among those aware of it, only about 11% of adults and 9% of youths feel well informed about the project.
  • Consumers expect any digital euro to be secure (55%), easy to use (53%) and low‑ or no‑fee (49%), according to the survey.
  • The ECB Governing Council plans to decide by end‑2025 on moving to the next preparatory phase, and board member Piero Cipollone has called 2029 a realistic launch date.
  • Wero, developed by the European Payments Initiative, is live in Germany, France and Belgium, but some banking leaders argue digital‑euro plans are discouraging parallel investments and slowing its expansion.