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EU digital euro lead Stefan Berger quits to quell sabotage allegations

Stefan Berger, a key figure in the European Parliament's discussions on the digital euro, has resigned to avoid claims that he deliberately delayed the project. Berger, a German lawmaker, stepped aside to allow progress without controversy and to dispel suspicion of delaying the talks. The digital euro aims to improve payments in the eurozone and reduce reliance on foreign payment companies. However, it has faced opposition from German banks and citizens due to concerns about design and financial risks. Berger had proposed a gradual approach for the digital euro but was criticized for missing deadlines and slowing progress. The European Central Bank is currently testing the feasibility of the digital euro with plans for a pilot program in the future.

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