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Digital euro design splits EU lawmakers as sovereignty concerns shape debate

By Helena Freitas ( January 29, 2026, 16:37 GMT | Insight) -- How far the planned digital euro should go, who should control it and who should bear its costs divided EU lawmakers during committee debate in the European Parliament on Thursday. Lawmakers broadly agree that Europe must reduce its dependence on US payment systems, but differ on how. The discussion comes ahead of a planned May 5 committee vote to set the parliament’s position.The scope, governance and cost of a digital euro divided EU lawmakers during a debate at the European Parliament’s economic and monetary affairs committee on Thursday, although they broadly recognized a growing strategic risk agreed from Europe’s reliance on US-controlled payment systems....

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