Christine Lagarde emphasizes the importance of Digital Euro in the midst of global Pandemic. In her opening speech in Singapore FinTech Festival in 1918 Christine Lagarde had said: "Distinguished guests, ladies
and gentlemen - good morning and thank you for the opportunity to participate in
this important event. In
Singapore, it is often windy. Winds here bring change, and opportunity.
Historically, they blew ships to its port. These resupplied while waiting for
the Monsoon to pass, for the seasons to change. 'Change
is the only constant,' wrote the ancient Greek philosopher, Heraclitus of
Ephesus." 2 years after this speech, in Paris Europlace International Financial Forum in October 2020, Christine Lagarde points out the urgency of accelerating the move towards digital currencies including digital Euro due to worldwide effects of pandemic. The question is when the digital currency - Euro will be ready?According of Central Bank of Europe, a decision will be made towards the middle of 2021 whether to launch a digital Euro project. |