Where the law stands, Dossier 2023/0211(COD)
Provision of digital euro services by payment services providers incorporated in Member States whose currency is not the euro and amending Regulation (EU) 2021/1230 of the European Parliament and the Council
Ordinary legislative procedure (COD): Parliament and the Council decide together as equals. · First reading
A proposed EU law. Parliament and the Council must agree on the same text: Parliament adopts its position, then negotiates with the Council.
Where it stands
Negotiations with the Council
Parliament adopted its position on 9 July 2026. Negotiations with the Council on a common text are under way (last trilogue 10 September 2026).
- Referred to committee(done) 11 September 2023
- Committee work(done) Report adopted 23 June 2026
- Tabled for plenary(done) 26 June 2026
- Plenary vote(done) Adopted 9 July 2026
- Negotiations with the Council Trilogue 10 September 2026
- Published as law(to come)
Decided in plenary
9 July 2026 · decision 4
Economy & single market, New EU law
Provision of digital euro services by payment services providers incorporated in Member States whose currency is not the euro and amending Regulation (EU) 2021/1230 of the European Parliament and the Council
Negotiating mandate approved Decided by show of hands: no count recorded.
What changed
Committee draft → Committee draft
AI summary:Adds provisions on supervision, cooperation, and definitions for digital euro services in non-euro-area member states. Extends distribution to non-euro-area PSPs and third-country residents, with restrictions on automatic funding for visitors. Updates terminology from 'Digital Euro' to 'digital euro' and changes 'wallet' to 'account'. The other changes are formal: updated title and added OJ placeholders.
Who works on it
- Lead committee
- Economic and Monetary Affairs
- The MEP who drafts the report and negotiates it on behalf of the committee.
- Fernando Navarrete Rojas (EPP)
- An MEP who follows a report on behalf of their own group when another group holds the rapporteur.
- Nikos Papandreou (S&D), Auke Zijlstra (Patriots), Stephen Nikola Bartulica (ECR), Gilles Boyer (Renew), Damian Boeselager (Greens), Pasquale Tridico (The Left)
The text, version by version
Newest first.
Tabled for plenary· 26 Jun 2026
AI summary:Parliament's amended version of the proposed regulation on digital euro services by payment service providers in non-euro member states. It sets rules for distribution, supervision, and impact monitoring.
Committee draft· 3 Nov 2025
AI summary:This draft report sets out Parliament's position on the proposed regulation enabling payment services providers in non-euro member states to offer digital euro services. It amends the Commission proposal to clarify definitions, extend obligations, and adjust supervisory rules.
Committee draft· 9 Feb 2024
AI summary:The draft report proposes amendments to the Commission's proposal on digital euro services by payment services providers in non-euro Member States. It renames 'digital euro' to 'Digital Euro' and extends distribution to all payment services providers in the Union.
Timeline
Newest first.
Negotiations with the Council 3 steps
10 September 2026
Trilogue meeting
Negotiation between Parliament, Council and Commission on a common text.
13 July 2026
Trilogue meeting
Negotiation between Parliament, Council and Commission on a common text.
9 July 2026
Plenary endorsed the mandate to negotiate with the Council
Parliament’s negotiators can now seek a compromise text with the Council (in “trilogues”).
Plenary stage 2 steps
9 July 2026
Plenary vote
26 June 2026
Report tabled for plenary
This is the text all MEPs vote on. Political groups can still table amendments to it.
Committee stage 6 steps
23 June 2026
Committee vote: report adopted
ECON (Economic and Monetary Affairs) voted on the amendments and adopted the report that goes to plenary.
19 December 2025
Amendments tabled in committee
Members of ECON (Economic and Monetary Affairs) proposed changes to the draft.
3 November 2025
Draft report published
The rapporteur’s first text in ECON (Economic and Monetary Affairs). Members can table amendments before the committee votes.
21 February 2024
Amendments tabled in committee
Members of ECON (Economic and Monetary Affairs) proposed changes to the draft.
9 February 2024
Draft report published
The rapporteur’s first text in ECON (Economic and Monetary Affairs). Members can table amendments before the committee votes.
11 September 2023
Referred to the ECON (Economic and Monetary Affairs) committee
The lead committee prepares Parliament’s report.
Official record: Legislative Observatory, 2023/0211(COD)