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Digital Euro Needs Curbs to Halt Lending Crunch, ECB Study Finds

The optimum amount of digital euros to have in circulation would be between 15% and 45% of quarterly real gross domestic product (GDP), the economists found. Since the eurozone’s quarterly GDP is about 3 trillion euros, Panetta’s suggestion of a 3,000 euro cap would sit pretty much in the middle of that range, at 34%.