Save the digital euro
To the European Parliament, the Committee on Economic and Monetary Affairs (ECON), the Council of the European Union and the European Commission
Petition
We call on you to create a digital euro that:
- Enables Europe’s independence from foreign payment providers.
- Acts as a foundation of a sovereign and resilient European payment infrastructure that follows the highest privacy standards.
- Gives all Europeans access to public money with a generous holding limit, so it can become a credible alternative to private money of commercial banks.
- Simplifies transactions between people within Europe.
Do not lower the ambitions of the digital euro project under pressure from banks and Big Tech. Ensure it serves people above profits.
Why is this important?
Imagine this: groceries in hand, you tap your card to pay. Denied. No access to your money.
Europe almost entirely relies on US companies to handle digital payments. If political pressure rises in the US, they could be forced to restrict access to our money. [1]
There is a way out: Europe’s own digital money.
A digital euro: backed by our central bank, accessible to everyone. Even without a private bank account. Free from foreign interference. After years of preparation, a strong proposal is now on the table.
And that’s exactly why banks and Big Tech are panicking. They’re pushing hard to weaken the digital euro to protect their profits and US companies like MasterCard and PayPal.
Now, Members of the European Parliament have two weeks to decide. They are elected to represent us and track messages from voters. And when thousands of people speak up at once, they feel the pressure.
If we stay silent, the banks and Big Tech win. So let’s send a message to our MEPs they can’t ignore: Europeans must control their own money.
Tell your MEP today: Save the digital euro. Don’t give in to banks and Big Tech.
References:
- https://www.dw.com/en/can-europe-wean-itself-off-us-credit-card-firms/a-72403227