Europe’s central bank is pushing ahead with the development of electronic currency even as politicians question its purpose. 

This year's field trip with Dean's List students took place April 26-28, with visits to EY, the Chancellery, the Bundestag, the Federal Ministry of Labor and Social Affairs, and the Topography of Terror.

The ECB justifies the supposed necessity of a digital euro by its alleged anchor role. In their SUERF Policy Note, Prof. Bofinger and Thomas Haas identify and discuss three potential anchor roles of the digital euro. In doing so, they point out shortcomings in the ECB's argumentation.