The international role of the euro
The Covid-19 response requires significant fiscal spending and recovery planning. As a result, the euro area’s financing needs are to set to rise. The issue of the international role of the euro is becoming more pressing.
Following the European Central Bank´s annual review on the international role of the euro, Hans-Joachim Klöckers, director general for international and European relations at the ECB, outlines key trends and determinants affecting the euro´s international role. He focuses on the challenges and opportunities in growing the euro’s role as an international currency, especially with regards to deepening economic and monetary union and establishing a capital markets union. Further topics include monetary policy, such as swap and repo lines, and the role of digital currencies.
06:00-07:00 (New York)
Presentation – The-international-role-of-the-euro