Lagarde: Seize the window of opportunity of the US dollar trust crisis and accelerate the internationalization of the Euro.
Finance and Economics App learned that European Central Bank President Christine Lagarde recently called on policymakers to seize the opportunity of the current changes in the international financial landscape and actively promote the elevation of the euro's global currency status. She pointed out that the policies implemented by US President Trump have had an impact on the credit foundation of the dollar, creating a strategic opportunity for the euro to expand its international influence. In a signed article published on Tuesday, Lagarde clearly stated: "Europe is facing a historic turning point, which is a golden window to build a 'global euro' system. To elevate the position of the euro in the international monetary system, the European Union must take bold action with solidarity and truly take control of its own destiny."
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