Sentiment over a CBDC in the EU has been met with harsh criticism, but is it representative of the entire region?
A review of a sample of the public feedback section’s content revealed the existence of a certain discontent with the project in general. For example, as an anonymous comment in German goes:
“I am against a digital euro for the EU. My concern is that basic freedoms can also be endangered here and authoritarian governments [would] then have total control. The example of the Maastricht criteria shows that the previous governments do not follow the rules and with a digital euro the state could do what it wants with its citizens and suppress any opposition.”
There is also conspicuous anxiety about the possibility of further power consolidation in the hands of the EU’s biggest economies, expressed in the comments of the smaller member states' citizens. For one, Milan Golier from Slovakia called for the sovereignty of the Union’s members to be preserved:
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