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The Economic Times

Economy / The Economic Times

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Digital euro to cost EU banks 4-6 billion euros over 4 years, ECB estimates

European banks could face 4-6 billion euros in digital euro implementation costs over four years, according to ECB policymaker Piero Cipollone. The central bank's setup costs are estimated at 1.3 billion euros. Banks will recoup expenses via merchant fees, while merchants will benefit from a cap on these charges.

19 Feb 2026 6:33 pm