Stournaras: The euro should become a reserve currency
Stournaras argued that for the euro to become a reserve currency, a "stronger, more integrated, and growth-oriented economy in the euro area" is needed
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Stournaras: The euro should become a reserve currency -
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BoG’s Stournaras: The euro could potentially become a rival to the US dollar
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As he noted, in the last eight decades the dollar has withstood wars, recessions, and economic crises largely because successive American governments preserved certain fundamental commitments, but today there is an opportunity to challenge its global dominance.
