Strengthening the Global Role of the Euro

Summary

This report proposes strategies to enhance the euro's international presence, reducing Europe's reliance on foreign financial infrastructures and the US dollar. It suggests developing a digital euro, creating common European safe assets, and establishing an EU sovereignty fund.
10 22.05.2026
Other
economy
finance
industry
european union
monetary economics
administrative reform
international relations
business and competition
public finance and budget policy
information technology and data processing

Key points

  • Reducing the European Union's strategic dependency on foreign financial infrastructures and US dollar-denominated funding.
  • Promoting the use of the euro in international trade through invoicing, procurement, and cross-border value chains.
  • Establishing a European Central Bank Digital Currency (CBDC) to provide a sovereign digital payment infrastructure.
  • Developing common European safe assets that reach a scale of at least 20% of the EU's GDP.
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