Long-term track: Appia
The ECB will provide insights on its work on the long-term integrated ecosystem using DLT, the collaboration with public and private stakeholders, and the international dimension.
Short-term track: Pontes
Deep dive into one of the tracks – Pontes which will provide a short-term offering to the market – including a pilot phase. It will offer euro central bank money settlement, linking market DLT platforms and TARGET Services to settle financial transactions. Learn more about the project roadmap and how you can be involved.
George Kalogeropoulos, Deputy Head of Division, ECB
Findings from the exploratory work
The Eurosystem tested three interoperability-type solutions in 2024 together with 64 participants which conducted 50 trials and experiments, with the aim of exploring the potential use of DLT to settle wholesale financial transactions. Learn more about the results of the exploratory work and the lessons learnt.
Welcome address
The Eurosystem launched a strategy to settle transactions recorded on distributed ledger technology (DLT) using central bank money. The initiative follows a two-track approach – Pontes and Appia – and will be built on the exploratory work on new technologies for wholesale central bank money settlement done with market participants in 2024. Learn more about how this strategy supports the wider EU policies and contributes to a harmonised and integrated European financial ecosystem.
On 16 July 2025, a new budget of 2 trillion euros was adopted. The Multiannual Financial Framework (MFF) will run for 7 years, for the period 2028-2034. With this long-term EU budget, Europe seeks to achieve independence, security, and prosperity, thriving throughout the next decade.
The 55th Annual Meeting of the World Economic Forum will provide a crucial space to focus on the fundamental principles driving trust, including transparency, consistency and accountability.
This Annual Meeting will welcome over 100 governments, all major international organizations, 1000 Forum’s Partners, as well as civil society leaders, experts, youth representatives, social entrepreneurs, and news outlets.
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Today, 16 July 2025, European Commission President Ursula von der Leyen and European Commissioner for Budget, Anti-Fraud and Public Administration, Piotr Serafin, announce the new EU Budget for 2028-2034.
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Evelien Witlox, Programme Manager of the digital euro project, European Central Bank
Barbora Kalmaityte, offline expert in the digital euro project, European Central Bank
Fabian Geuther, Communication specialist digital euro project, European Central Bank
The 55th Annual Meeting of the World Economic Forum will provide a crucial space to focus on the fundamental principles driving trust, including transparency, consistency and accountability.
This Annual Meeting will welcome over 100 governments, all major international organizations, 1000 Forum’s Partners, as well as civil society leaders, experts, youth representatives, social entrepreneurs, and news outlets.
The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.
World Economic Forum Website ► http://www.weforum.org/
Facebook ► https://www.facebook.com/worldeconomicforum/
YouTube ► https://www.youtube.com/wef
Instagram ► https://www.instagram.com/worldeconomicforum/
X ► https://twitter.com/wef
LinkedIn ► https://www.linkedin.com/company/world-economic-forum
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Flipboard ► https://flipboard.com/@WEF