The EESC supports the digital euro project, while underlining the importance of a clear European legal framework able to establish the exceptional possibility of temporary exemptions for certain payees, and to harmonise practices and standards that vary from one Member State to another. It is essential to ensure that the digital euro does not negatively impact financial stability or the lending potential of credit institutions. The EESC encourages a broad public debate on the reasons for possible issuance of a digital euro, its merits and drawbacks, in order to make informed decisions and ensure public understanding of the project.
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The focus of current informal discussions in the Council is on how cohesion policy can adjust to the new circumstances following the unforeseen shocks that Europe has faced in the last years without losing its long-term development goals. The Spanish Presidency refers to "Cohesion policy 2.0" in this context, which particularly means that cohesion policy needs to be transformed and become more modern and flexible. Also, it will need to take into account the RRF which will come to an end at some time.