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Quick Take

• The Governing Council of the European Central Bank (ECB) recently met to discuss the latest monetary policy updates for the eurozone. 
• During the subsequent press conference, ECB President, Christine Lagarde was asked a question about the digital euro, specifically why the digital euro is good for citizens of the European Union (EU)? 
• The Block Research breaks down Lagarde’s response by highlighting the key takeaways. Further, we provide additional context using publicly available information related to the digital euro initiative.

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