Add organization

    Has the digital euro been approved?

    Where the EU law on the digital euro stands.

    Answered at: Checked at:

    Short answer

    Not yet. According to the Bank of Finland, the European Parliament's plenary adopted its position on the digital euro on 9 July 2026 and authorised negotiations with the Council, which represents the member states. The legislative package aims to make the digital euro possible while securing the legal tender status of euro cash. Any decision on issuing a digital euro can only be made after the necessary EU legislation has been adopted.

    Practical: communication, money, services

    Why

    1. The Bank of Finland reports the Parliament position of 9 July 2026.
    2. Negotiations with the Council were authorised at the same time.
    3. The package also secures the legal tender status of cash.

    Details

    The pilot planned for 2027 is meant to have the technology ready if a decision to issue the digital euro is later made.

    Tip

    Keep using cash and cards as usual. Nothing changes for payments in Finland yet.

    What may differ

    The final law can differ from the Parliament's position after negotiations.

    Common misconception

    The digital euro will replace cash.

    What actually happens

    The package aims to secure cash's legal tender status alongside the digital euro.

    People also ask

    • What is the digital euro and can you use it in Finland?
    • When does the digital euro pilot start?
    • Can a shop refuse cash in Finland?

    Sources

    This answer is for reference only. Payment rules and fees change, so check the official sources or your bank before you pay.

    Practical: communication, money, services
    Help