Echoing #sentiments recently voiced by the #Eurogroup of financial ministers.

Echoing #sentiments recently voiced by the #Eurogroup of financial ministers.

The #Eurogroup statement comes a day after a former #Bank of England advise published an editorial in The Financial Times saying that creating #CBDCs is not worth the cost and risk.

The #Eurogroup, consisting of all the finance ministers from the euro-zone countries, released a statement Jan. 16 on the #introduction of the digital euro, after meeting in Brussels.

The #Eurogroup confirmed its support for digital euro research and noted that some of the design and use elements under consideration would require #political decision making.