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Central bank digital currencies mark a major shift in the global monetary balance, in the face of the rise of cryptocurrencies and private stablecoins. They give governments back control over money creation, strengthen financial security and promote economic innovation. For Europe, the digital euro is both a tool of sovereignty and a geopolitical lever designed to reduce dependence on the dollar, protect the financial system and assert its role in the new global monetary order.
To go further
Editorial
24 November 2025
Europeans, too accustomed to the comfort of peace, underestimate the seriousness of the threats they face, between Russian aggression and the unpredictability of an America tempted to withdraw. In
Editorial
10 November 2025
The European Convention on Human Rights is celebrating its 75th anniversary. Adopted in 1950 in the aftermath of the Second World War, it guarantees individual rights against states, and any indivi
Editorial
27 October 2025
The European Union is taking a firm stance against Russia in Ukraine, in contrast to American diplomacy, which is seen as fluctuating. With more than €180 billion in total aid, it far exceeds
Editorial
20 October 2025
Despite recurring criticism of its slowness and divisions, the European Union is moving forward, particularly on defence issues in the face of external threats. Its military budget is growing rapid
The Letter
Schuman
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