Author(s)

Georgios L. Thanasas¹, Ioannis Tsouris²

¹Department of Management Science and Technology, University of Patras, Patras, Greece.
²Bank of Greece, Athens, Greece.

This paper explores the financial implications of the potential introduction of a digital euro, a central bank digital currency (CBDC) designed to complement cash and bank deposits. The research employs a comprehensive review of existing literature on CBDCs, qualitative analysis of their economic impacts, and scenario-based modeling to project possible outcomes. The study identifies key benefits, such as enhanced financial inclusion and reduced reliance on non-euro digital currencies, alongside challenges related to regulatory frameworks and technological risks. It also proposes a research agenda for future analysis in policy and regulatory developments.

Digital Euro, Central Bank Digital Currency (CBDC), Financial Implications, Monetary Policy, Financial Stability, Regulatory Frameworks, Digital Payments, Financial Inclusion, Technology Risks

Thanasas, G. and Tsouris, I. (2024) Exploring the Financial Implications of the Digital Euro: Opportunities for Future Research and Analysis. Theoretical Economics Letters, 14, 2191-2211. doi: 10.4236/tel.2024.146108.