Football fans have been warned to avoid a drug-riddled slum dubbed “zombie country” in the centre of Frankfurt.
Plans for a digital euro will be a "very good" thing for the currency bloc and its lenders if banks remain central to the flow of money as they are at present, UniCredit Chief Executive Andrea Orcel said on Tuesday. "It's a matter of sovereignty for Europe: we cannot not have a digital euro," Orcel told a conference organised by Italian bank Mediobanca. The European Central Bank is looking to launch a digital currency that could reduce the euro zone's reliance on legacy electronic payment systems operated by U.S. companies, such as Visa or Mastercard, and counter the emergence of non-European online payments providers such as Paypal.
Shoppers have dubbed it a "hot flash life saver!"