The president of the German central bank is advocating for a central bank digital currency (CBDC), according to a report.
Bundesbank President Joachim Nagel stresses the need for a digital euro to safeguard Europe's financial autonomy.
Citing projections from Germany's central bank, Nagel warned that escalating transatlantic trade tensions could lead to Germany's economic output in 2027 being 1.5 percentage points lower than ...