Digital currencies issued by central banks

Central bank} digital currencies (CBDCs), expected to become a reality in the next decade, could, in geopolitical terms, be a real game changer, bypassing the reigning dollar and euro payment systems and raising possibilities - but also dangers.

This is what Maria Demertzis, a senior fellow at Bruegel, stressed on Tuesday while speaking on the "Central Bank Digital Currencies: The Value Added and the Euro Case" panel at the 34th annual Greek Economic Summit GES2023 - "Fostering a Sustainable Economic Future amidst Global Challenges."

The event was organized by the American-Hellenic Chamber of Commerce in cooperation with the Athens Exchange Group, and in strategic partnership with the Atlantic Council and the US Chamber of Commerce.

"Central bank digital currencies will happen. It is not a conversation whether this will happen. They are expected to happen in...