The ECB President addressed concerns about CBDCs and government surveillance, emphasizing the digital euro's privacy and user-friendliness. She mentioned that it's at least two years away, with a decision pending in October. Lawmakers in the European Parliament remain skeptical.

ECB Board Member Fabio Panetta assured no issuance until privacy legislation is agreed upon. Privacy concerns were raised about transaction limits and traceability, impacting digital euro acceptance. Germany's Stefan Berger will oversee the digital euro law in the parliament.