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Save the Digital Euro

Save the Digital Euro

To the national governments of the Eurozone, the European Parliament, the Committee on Economic and Monetary Affairs (ECON), and the European Commission

Petition

We call on you to create a Digital Euro that:

  1. Simplifies transactions between people within Europe.
  2. Gives all Europeans access to a digital form of public money — alongside cash — with a generous holding limit, so it can become a credible alternative to private money issued by commercial banks.
  3. Enables Europe’s independence from foreign payment providers.
  4. Acts as a foundation of a sovereign and resilient European payment infrastructure, following the highest privacy standards.

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. 

It sounds unthinkable, but Europe almost entirely relies on US companies to handle digital payments. If political pressure rises in the US, access to our money could be restricted overnight. [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 — elected to represent us — are discussing the proposal. And when thousands of people speak up at once, they feel the pressure and act accordingly.

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:

  1.  https://www.dw.com/en/can-europe-wean-itself-off-us-credit-card-firms/a-72403227

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