• Making euro true global currency

      Making euro true global currency

      In light of the upcoming European Council and Euro Summit in December, the Commission presented last Wednesday actions to strengthen the role of the euro in a changing world, the EU press service reported. Supported by upcoming decisions to strengthen Economic and Monetary Union, complete the Banking Union and advance on the Capital Markets Union, the euro needs to develop its global role and fully reflect the euro area's political, economic and financial weight.