Logo
Munich Personal RePEc Archive

Central Bank Digital Coins (CBDCs) and Monetary Sovereignty: Opportunities and Risks in the European Context

GEORGAKAS, IOANNIS (2025): Central Bank Digital Coins (CBDCs) and Monetary Sovereignty: Opportunities and Risks in the European Context.

[thumbnail of MPRA_paper_124456.pdf] PDF
MPRA_paper_124456.pdf

Download (130kB)

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.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.