Paschal Donohoe calls for digital euro roll out to boost EU single market

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The digital euro would be an electronic equivalent to cash, giving people an additional choice about how to pay

Paschal Donohoe, the Minister for Public Expenditure, has called for the introduction of the “digital euro” to boost the EU’s single market.

During his St Patrick’s Day tour to Berlin, he said that the European single market with its free movement of goods and services was one of Europe’s finest achievements and was worth an estimated €30 billion annually to Ireland alone.

 

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Bank of Ireland made a pre-tax profit of €335m (£280m) in the first half of 2022, Bank of Ireland posted its biggest annual profit since the global financial crisis more than a decade ago and said it plans to return €104 million euros to shareholders. bankofireland

Do you have faith with the bank's If we move to a european digital currency. Then it's byebye to individual countries and cash in hand. It will be tied to yr personal carbon footprint. They will be able to control you any way they see fit. Goodbye personal choice and freedom.

Disagree with this Think about those who prefer cash or don't have bank accounts

There is NO SUCH THING as an electronic equivalent to cash I can not hold it, store it, transport it. It is an illusion! Electronic cash is simply a way to TAKE AWAY EVERYBODY's MONEY and instead give them a fasle impression it is still there. It CAN BE deleted or witheld!

And give full control of personal wealth to central bankers? No thank you.

No.

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