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Parliamentary questions
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7 April 2021
E-001855/2021/rev.1
Question for written answer  E-001855/2021/rev.1
to the Commission
Rule 138
Joachim Kuhs (ID)
 Subject: The European Central Bank is exploring the possibility of introducing a digital euro

The European Central Bank is exploring the possibility of introducing a digital euro(1).

In a recent consultation many Europeans have indicated that they do not want to participate in a digital euro that includes big brother-style monitoring of their transactions by central bankers(2).

1. Will the Commission be fully transparent in disclosing documents about this so-called digital euro or any other digital currency for the Member States that we might not yet know about?

2. Can the Commission provide an exhaustive list of all the (possible) consequences of any type (such as financial and socio-economic consequences, especially for Germany and its citizens) of the digital euro, especially given current rumours that the digital euro or currency may violate privacy and consumers’ freedom of choice (e.g. limiting meat consumption)?

3. Does the Commission acknowledge that this draft proposal for a digital euro or currency could limit or interfere with citizens’ freedom by allowing the possibility of (digitally) blocking certain spending options, and thus regulating spending behavior?

(1)https://www.ecb.europa.eu/press/blog/date/2021/html/ecb.blog210325~e22188c522.en.html
(2)https://cryptonews.com/news/europeans-warn-ecb-not-to-mess-with-privacy-in-digital-euro-8902.htm
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