Where the law stands, Dossier 2023/0212(COD)
Establishment of the digital euro
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) 19 October 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 1
Economy & single market, New EU law
Establishment of the digital euro
Negotiating mandate approved On the decision to open negotiations with the Council: 416 for · 169 against · 22 abstained
AI summary:The digital euro would complement cash and offer a sovereign, secure and accessible pan-European payment option, reducing reliance on non-European providers.
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), Rada Laykova (ESN)
- Committees giving an opinion
- Civil Liberties, Justice and Home Affairs· rapporteurEmil Radev (EPP)
The text, version by version
Newest first.
Tabled for plenary· 26 Jun 2026
AI summary:Parliament's amended version of the proposed regulation establishes the digital euro as a retail central bank digital currency complementing cash, laying down rules on its issuance, legal tender, distribution, use, privacy and technical features.
Committee draft· 3 Nov 2025
AI summary:This draft report proposes amendments to the Commission's regulation establishing the digital euro, distinguishing between an offline digital euro and an online digital euro.
Committee draft· 9 Feb 2024
AI summary:The draft report proposes amendments to the Commission's regulation establishing the digital euro, renaming it 'Digital Euro' and adjusting rules on distribution, holding limits, fees, privacy, and governance.
Committee opinions: Opinion (LIBE), Opinion (LIBE), Draft opinion (LIBE)
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 7 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 (4 batches)
Members of ECON (Economic and Monetary Affairs) proposed changes to the draft.
Amendments in committee (ECON)Amendments in committee (ECON)Amendments in committee (ECON)Amendments in committee (ECON)
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.
15 July 2025
LIBE (Civil Liberties, Justice and Home Affairs) adopted its opinion
The opinion is attached to the report for the lead committee to consider.
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.
14 November 2023
Draft opinion from LIBE (Civil Liberties, Justice and Home Affairs)
An associated committee gives its view to the lead committee.
19 October 2023
Referred to the ECON (Economic and Monetary Affairs) committee
The lead committee prepares the report; LIBE (Civil Liberties, Justice and Home Affairs) gives an opinion.
Official record: Legislative Observatory, 2023/0212(COD)