ECB Executive Board Member Piero Cipollone warned that the digital euro project faces delays if legislative negotiations continue to drag on. The comments highlight growing urgency around the European Central Bank's flagship retail CBDC initiative as it awaits final approval from EU lawmakers. The digital euro has been under development since 2021, with a planned rollout targeted for 2027–2028, contingent on completion of the EU regulatory framework currently in negotiation between the European Parliament and the Council.