Get all your news in one place.
100's of premium titles.
One app.
Start reading
Euronews
Euronews
Eleonora Vasques

Capital markets union imperative to build euro as global reserve, Lagarde says

The euro will not become a global reserve currency "overnight", European Central Bank President Christine Lagarde said on Monday in Brussels, urging lawmakers to complete the capital markets union, which she described as the most important step.

Europe is considering how to expand the global role of the euro as US President Donald Trump's confrontational approach to foreign policy and trade has accelerated the debate.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.