Lagarde calls on decision-makers to seize the opportunity to take decisive action to enhance the global status of the euro.

European Central Bank President Lagarde calls on decision-makers to seize the opportunity to increase the global status of the euro, amid Trump's policies damaging confidence in the US dollar. "This moment of transformation is an opportunity for Europe: it is the moment of the 'global euro'," she wrote in a column published in the Financial Times on Tuesday. "To seize this opportunity, to strengthen the role of the euro in the international monetary system, we must take decisive action and let a united Europe better control its own destiny." Lagarde reiterated previous comments, emphasizing that "Europe must strengthen three pillars: geopolitical credibility, economic resilience, and a robust legal and institutional framework."