At a Baltic central banks conference in Vilnius, Central Bank of Estonia Deputy Governor Andrus Alber highlighted the digital euro’s potential to strengthen payment resilience and reduce reliance on a small number of non-European card payment providers. Estonia is among 13 European Union countries without a domestic provider, creating exposure to service interruptions, external pressure and shared dependencies such as cloud or electricity suppliers.
Central Bank of Estonia deputy governor highlights digital euro as safeguard against concentrated payment dependencies
Central Bank of Estonia Deputy Governor Andrus Alber highlighted the digital euro as a way to reduce dependence on concentrated non-European payment providers and support payments during power or communications outages. A final decision awaits agreement on the legislative framework, with circulation possible in 2029–2030 if negotiations conclude by the end of 2026.