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Ordinary legislative procedure First reading

Establishment of the digital euro

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: Parliament adopted its position on 9 July 2026. Negotiations with the Council on a common text are under way (last trilogue 20 October 2026).

  1. ✓ Referred to committee 19 October 2023
  2. ✓ Committee work Report adopted 23 June 2026
  3. ✓ Tabled for plenary 26 June 2026
  4. ✓ Plenary vote Adopted 9 July 2026
  5. 5 Negotiations with the Council Trilogue 20 October 2026
  6. 6 Published as law
How a file moves through Parliament

A file is referred to one lead committee (others may give an opinion). Its rapporteur writes a draft report, committee members table amendments, and the committee votes to adopt the report. The report is then tabled for all MEPs; political groups can table further amendments, which are voted on before the final vote in plenary. For a law, Parliament’s adopted text is its first-reading position; Parliament and the Council then negotiate a common text (trilogues) which both must approve before it is published as law.

Who is working on it

Lead committee
ECON — Economic and Monetary Affairs
Rapporteur
Fernando NAVARRETE ROJAS PPE
Shadow rapporteurs
Nikos PAPANDREOU S&DAuke ZIJLSTRA PfEStephen Nikola BARTULICA ECRGilles BOYER RenewDamian BOESELAGER Verts/ALEPasquale TRIDICO The LeftRada LAYKOVA ESN
For opinion
LIBE — Civil Liberties, Justice and Home Affairs · rapporteur Emil RADEV PPE

The rapporteur drafts and negotiates the text for the lead committee; each other political group names a shadow rapporteur to follow the file.

The text, version by version

Tabled for plenary · latest Report A10-0185/2026 26 June 2026 ✦ 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.⇄ what changed Committee draft Draft report (ECON) 3 November 2025 ✦ 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.⇄ what changed Committee draft Draft report (ECON) 9 February 2024 ✦ 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)

Newest version first. Open a version to read it in full. “What changed” shows the differences paragraph by paragraph; ✦ lines are AI-written from the texts themselves.

Timeline

  1. Negotiations with the Council
  2. 20 October 2026 Trilogue meeting

    Negotiation between Parliament, Council and Commission on a common text.

  3. 8 October 2026 Trilogue meeting

    Negotiation between Parliament, Council and Commission on a common text.

  4. 30 September 2026 Trilogue meeting

    Negotiation between Parliament, Council and Commission on a common text.

  5. 10 September 2026 Trilogue meeting

    Negotiation between Parliament, Council and Commission on a common text.

  6. 13 July 2026 Trilogue meeting

    Negotiation between Parliament, Council and Commission on a common text.

  7. 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”).

  8. Plenary stage
  9. 9 July 2026 Plenary vote
    Sitting of 9 July 2026 📄 Report A10-0185/2026
    Adopted Adopted by a large majority
    For 416 Against 169 Abstained 22

    Decision to open negotiations with the Council at 13:19 · 69% of votes cast in favour · every MEP’s position →

  10. 26 June 2026 Report tabled for plenary

    This is the text all MEPs vote on. Political groups can still table amendments to it.

    📄 Report A10-0185/2026
  11. Committee stage
  12. 23 June 2026 Committee vote: report adopted

    ECON (Economic and Monetary Affairs) voted on the amendments and adopted the report that goes to plenary.

  13. 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)
  14. 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.

    📄 Draft report (ECON)
  15. 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.

    📄 Opinion (LIBE)
  16. 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.

    📄 Draft report (ECON)
  17. 14 November 2023 Draft opinion from LIBE (Civil Liberties, Justice and Home Affairs)

    An associated committee gives its view to the lead committee.

    📄 Draft opinion (LIBE)
  18. 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.