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France's Le Maire Sees Progress On ECB Digital Currency Next Year

07:16 Friday , November 08th 2019
France's Finance Minister Bruno Le Maire said on Friday (Nov 8) there could be progress next year on the feasibility of a digital currency backed by the European Central Bank (ECB), but acknowledged the plan was for the long term and faced challenges.
He also told a news conference in Brussels that he backed proposals from Germany's Finance Minister Olaf Scholz to link progress on an Europe-wide bank deposit guarantee scheme to banks' reduction of their exposure to sovereign debt.
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