EU does not want to be the first issue digital currency, but Lagard expect to speed up the consultation and close by JANUARY 2021.
WHY TO HURRY?
"In an online policy panel held on Nov. 12, Lagarde stated that the European Central Bank, or ECB, was not “racing to be first” in its efforts to release a central bank digital currency, or CBDC. However, she said that the results of the consultation the central bank launched in October on a digital euro would be ready in January 2021."