The Digital Transformation of the European Union’s Economy: Competitiveness, Sustainability and the Future of the Digital Euro Cover Image

The Digital Transformation of the European Union’s Economy: Competitiveness, Sustainability and the Future of the Digital Euro
The Digital Transformation of the European Union’s Economy: Competitiveness, Sustainability and the Future of the Digital Euro

Author(s): Aleksandra Nenkova
Subject(s): Politics / Political Sciences, Politics, Economy, Business Economy / Management, Economic policy, EU-Approach / EU-Accession / EU-Development, Financial Markets, ICT Information and Communications Technologies, Socio-Economic Research, Green Transformation
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: digital transformation; digital euro; European Union; digital economy
Summary/Abstract: More than ever, the digital age is upon us. The number of individuals accessing and relying on the internet is increasing. One aspect of this future is the European Union's digitization. The economy, politics, and the social structure itself will all face changes as a result. The EU seeks to increase innovation, improve infrastructure, and promote digital skills while maintaining environmental responsibility through programs like the Digital Decade policy framework. Additionally, the introduction of the digital euro represents an important breakthrough in financial modernization, allowing us to make payments in all nations that are part of the euro area.

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