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EU
European Commission President Ursula von der Leyen will convene a meeting on competitiveness in Leuven, addressing both economic strategies and internal tensions among commissioners. The seminar includes IMF Managing Director Kristalina Georgieva and focuses on implementing the competitiveness report by Mario Draghi.
Lawmakers at the European Parliament are struggling to agree on the design of the digital euro, jeopardising its legislative path. Rapporteur Fernando Navarrete proposed an offline “e-cash” model, while some factions back user accounts on the ECB ledger. S&D’s Nikos Papandreou emphasised the need for payment sovereignty amid geopolitical change.
Paraguay’s President Santiago Peña urged the European Union to implement the recently signed free trade agreement with Mercosur without delay, warning that stalling it amid rising geopolitical tensions would be a strategic mistake.
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