A cross-party coalition of members of the European Parliament on Tuesday turned their fire on the European Central Bank for picking U.S. retail giant Amazon to help develop the digital euro. Fabio Panetta turned up to a morning meeting of the Economic and Monetary Affairs committee with a pre-prepared speech on the currency’s design features – perhaps expecting the usual placid exchange of views over plans for the central bank digital currency. Instead he was met with demands from furious lawmakers to backtrack on his decision to pick the U.S. company – the subject of numerous controversies – to develop a prototype ... (full story)