The Digital Euro: Everything You Need to Know

Visual transformation of the digitisation of a 100 euro banknote

Source: Pixabay | Photographer: geralt

Reading time: 6 minutes

In an age of fast-spreading viruses and instant contactless payments, it makes perfect sense that the nations of the world are toying with the idea of bringing their currencies in the digital realm. Following the steps of People’s Bank of China and Sweden’s Riksbank, at the beginning of October, the European Central Bank was the latest financial institution to propose the digital equivalent of its official currency – the euro.

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Bulgaria and the Еuro Аrea: Everything You Need to Know About the Country’s Entry into the ERM II

Pictured: auto bill counter

Source: Pexels

Reading time: eight minutes

On July 10, Bulgaria and Croatia were officially welcomed into the ERM II—the European Union’s Exchange Rate Mechanism. If you are wondering what makes this event so important, how the ERM II works in practice, and what are the benefits of adopting the euro as a national currency, keep on reading.

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