GEORGAKAS, IOANNIS (2025): Central Bank Digital Coins (CBDCs) and Monetary Sovereignty: Opportunities and Risks in the European Context.
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Abstract
Adopting a common European digital currency seems likely to be a powerful monetary tool that will facilitate the implementation of policies such as quantitative easing and interest rate regulation. On the other hand, the risk of destabilisation of the banking system , requires careful planning and public awareness. CBDCs will strengthen the EU geopolitically and seem to have an environmental dimension. The debate within the EU and the ECB is intense both on issues of legitimacy under the European Treaties and on issues of democracy and privacy rights. In practice, this is a technological innovation with serious parallel economic, social and political consequences.
Item Type: | MPRA Paper |
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Original Title: | Central Bank Digital Coins (CBDCs) and Monetary Sovereignty: Opportunities and Risks in the European Context |
English Title: | Central Bank Digital Coins (CBDCs) and Monetary Sovereignty: Opportunities and Risks in the European Context |
Language: | English |
Keywords: | CBDCs, Eurozone policy, Monetary Sovereignty, ECB, Personal Data, Privacy |
Subjects: | E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates > E42 - Monetary Systems ; Standards ; Regimes ; Government and the Monetary System ; Payment Systems E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E52 - Monetary Policy E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E58 - Central Banks and Their Policies |
Item ID: | 124457 |
Depositing User: | Dr IOANNIS GEORGAKAS |
Date Deposited: | 04 May 2025 08:39 |
Last Modified: | 04 May 2025 08:39 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/124457 |