been taken super hero drama. the one division was $23.00 for the floor. the pandemic disrupted production of course of a lot of tv shows, meaning that some favorites didn't return in time. he said he is going to be awards will be handed out in los angeles. and he's on september 9th and with that, now you're up to date here on d. w. news coming up. next it is business to my colleagues daniel winter. i'm sarah kelly in berlin. thank you so much for joining us. take care. ah ah, and candidates by that time and in the end, if you are not allowed to see you any more, we will send you back. are you familiar with these lions? what's your story. ready what women especially and

victims design and take part and send us your story chain. always understand this new culture. so you are not a visitor. another guess you want to become a citizen info, migrants your platform for reliable information. the the, the digital euro is coming at the european central bank will announce its plans today, but will consumers and businesses accept the new money will ask an expert. meanwhile, el salvador is taking a different approach. bitcoin will be inefficient. currently that from september we'll find out why and poland was told to stop,

but it's still mining brown coal to fire it's power generators. we had to waltz or to investigate. this is dw business with me, daniel winter in berlin. thanks for joining us. o we entering the age of the digital euro, the e. c. b is expected to give the green light today. proponents say it will strengthen europe's digital and monetary sovereignty and keep the euro zone competitive. a digital euro would have the same value as analog, cash, all the money in our bank accounts. it would be issued by the e. c, b, or national central banks to private persons and companies. euro deposits would probably be kept to the value of around $3000.00 euros. that's 2 e's fears that the digital coin could make. the e. c, b, a competitor to banks. but a survey by germany central bank says most consumers here reject a digital euro, 56 percent of households saying it would add no additional incentive over current payment methods. and they're worried about the new euro security are correspondent

conrad booms and is in frankfort for us on this. and we're joined by market vill, who is a financial expert from the university of st gallon. so conrad, let's start with you. what are we expecting from the e? c, b today and their announcement? good morning, daniel. and good morning, mr. williams. frank gallant, what's expected today here in frankfort from the e. c. b is the announcement of a 2 year design phase, followed by a 3 year test phase for the new digital euro. and apart from this, we are probably not going to hear many more details because the details are the things to be tackled in the coming year. ok, let's go over to marcus now. as a consumer pain with a digital euro will be a similar process to pay by cards. so why would any consumer really be interested in adopting the new as of yet on tested currency? very simple because we will need to be digital currency is fossa and smart the old,

normal money as we know. and as soon as more consumers will be in the things that when the cost and smart money, and that's why we need a digital central bank owned and regulated digital currency, i. e, the euro. ok, so central bank owned and regulated. and if i can just deposit my cash directly with the e. c b, isn't this going to palm private banks? yes, absolutely. and that is one of the big problems which they used to be and other central banks are facing. and this is why they need this 2 year and then 3 year period to really test the new system because they don't want to harm at the private banking system. so we need to find a solution where we have the transfer mechanism as we know it from the old money being basically evolved into a new digital currency. well the thing you want to terry system,

that is really the big issue which is central brings are facing, that they need to take the old banks with them. right now have not read any ability for the tech know, take a logical components to cope with it. okay, so there's likely to be criticism. so conrad, i can just go back to you. how do you think the digital euro will be received? because we've heard some rumblings about this already from companies and consumers . yes, and we heard some of about some of the rumblings from mr. will in his last answer, of course, the banks, or some of them, at least seeing the idea skeptical because the fear that they might be left out of the transmission process of distributing money from the central bank to consumers and businesses. and then, well, to answer your question, it really depends on the stakeholders you're talking to. of course, germany, of course, is known to be a cash fund country. many people like the idea that money is anonymous if you use cash. these people, of course, fear that with a digital euro,

them financial holdings might be more under control by the authorities. and, well, i talked about the bank. many syntax are very fond and very interested in the innovations and new services that might be offered thanks to the digital you're ok . so the s d b is going to have to really sell this the next few years. and marcus, you a global head of corporate communications, that london financial fun. if you were at the c b, how would you be communicating this to get people on board going to the people in your issue. and you can see that central banks are actually starting to do this. now they were kind of lazy and a little bit sleepy over the last years. but now they've started to to really communicate it. and it was president la garza press conference 2 years ago in december 19 to said we need to be curve with new technology and she's a very good communicator. so i do think that we have a communications program in place to sell a,

the digital coin to the people in europe. ok, so there's still a long way to go find more details out later today when the e. c. b makes that now it's been marcus vill finance expert. thank you very much. and our corresponding conrad in france for thank you to you both right let and of course it's not just europe experimenting with digital coins. the government of el salvador has decided that from september, bitcoin will be an official currency there alongside the u. s. dollar, but not every one is convinced. tire dealers, however, gonzales is getting ready for the introduction of bitcoin as el salvador is new official currency. he says it's hard to believe his country is the 1st in the world to do so will when i am very careful with money. but if be coin work, then i think i'll try and maybe i can get that ready. because all it takes is a smart phone and internet connection and an app. but there's the 1st problem. el

salvador is a poor country. many people live from hand to mouth. rosa mora has neither a smartphone nor mobile data. i meant that there are a lot of people who don't have a suitable phone. how am i supposed to get the $0.30 for the rules i sell on the street in the rank of what i'm paying out there. i didn't live on an hour away in the tours town of ills on bitcoin is already widely in use. international bank transfers work particularly well. many here receive money from relatives in the us and with bitcoin, they don't have to pay any bank fees. store transactions are also quick and easy, says maria, where the but rates can fluctuate significantly. big coins can be worth much less from one day to the next. you know,

someone who will one day no longer be there. if that happens, i won't have anything anymore. my daughter said i should withdraw my money and keep it in a safe place. bitcoin can massively go up in value, which can turn people into speculators overnight from a who value rises and fall. i'm constantly having to keep an eye on it, but you can make gains and that makes bitcoin interesting. saying that as a muffler with central bank behind bitcoin, protecting its value. sounds, widow gonzalez thinks the currency is risky, but he's hoping to do good business with it. we're going to press on that there's already a demand for it. and a lot of people are gearing up to use it. yesterday, a customer asked me when they could pay with the coin. i said from now on, i'm ready to be on bitcoin value may fluctuate massively, but people here are still ears to try it. el salvador has suddenly become the big coin, guinea pig. and now let's take

a quick look at some of the business stories making headlines. hold on is wrapping up its plan to increase fully electric car sales over the next decade. now 170 percent of its european car sales to be petrol, free by 2030. according to v w c e o hub, a piece. it's all part of a plan for the company to evolve from a pure car builder. it's more of a software and services provider and the european union is expected to unveil a historic green deal today. and officials are calling the blocks most ambitious plan, yet to tackle climate change is expected to set out in painstaking detail how the e u and its industries will meet 2030 greenhouse gas emissions goals. but the deal will still require require approval by number states. poland is refusing to shut down a massive brown coal mine despite a court order. politicians that say they don't want to put 6000 jobs on the line and that the country needs the coal for electricity production. but with opposition

in neighboring germany and check your mounting. the government is under pressure to take action in war. so work is from the tour of open catholic night, mind demonstrate to preserve their jobs. they want to keep using the environmentally damaging soft brown coal to generate electricity right up to 2044, regardless of climate change. they won't even consider environmental effects and claim it's more about business than environmental protection. and most of that get the food stamps bustle, the europe in union is forcing us to become dependent on other countries for our energy we'd have to import it from abroad. let me go and check on that. so that wouldn't be good for the environment. colon generates 80 percent of its energy with live night. be open cast minor tools. is it 225 meter deep hold? it's eaten away 25 kilometers of countryside. if poland populous

nationalist government gets its way, it will be eating up the landscape for another 25 years to see the nearby power plant. the mayor of bog tenure close to the mine has just been confirmed for another term in office. in part, that was because he was 100 percent behind keeping the mining operation still in kentucky were in close contact with the european commission. we sent several letters clarifying opposition to them. you know the menu, the reply that came from commission president funder lion said that the aim is to do away with coal as an energy source by 2030. that's not enough time for us to allow a fair transition to take place on the mine keeps 6000 people in the area in work, new ideas, a barely emerging on how to attract new companies to the region. one idea that's

been mooted is to refurbish the old town of tomorrow to attract tourists. but the problems are huge. no malesky family depends on the mine. mother. as a geologist, father is on shift now as an engineer. and when she's left school daughter, isabel can also imagine herself in the same line of work usually do after that point, i'd like to go to technical college and study chemistry. and after that, i consider a job with the mining company pays very well. is that the repeal court of justice recently ruled that the tour of mine must suspend operations to allow an environmental impact assessment sofa. poland has ignored the verdict. and finally, italy has banned cruise ships from entering venice. unesco, had threatened to put the historic canal city on its list of endangered world heritage sites if the giant vessels weren't kept out. so i think concerns about

pollution and environmental damage. they'll dock at a nearby port until a permanent solution can be found. that decision provides compensation for the workers and companies involved and you're up to date with dw business. if you want more check out our website that b, w dot com slash business role. so on facebook and future, i'm daniel winter in berlin until next time. take care and thanks for watching the news. you don't want to see them there. they're open your eyes. vietnam copied you out of your school into noise. and someone like the heroes feed it every day. the

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