Digital Euro Live
Timeline
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The full picture
The digital euro, step by step
October 2023
completed
Investigation phase
October 2025
completed
Preparation phase
30 October 2025
completed
Eurosystem moves to next phase to build technical readiness
19 December 2025
completed
Council of the EU adopts its negotiating mandate
23 June 2026
completed
European Parliament ECON committee approves the framework (43–14)
9 July 2026
completed
European Parliament adopts its negotiating position in plenary
13 July 2026
completed
First political trilogue
H2 2026 (Q4)
current
Political agreement on the Digital Euro Regulation targeted
H2 2027 (Q4)
upcoming
12-month Eurosystem pilot expected to begin
2029
upcoming
Potential first issuance