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The writer is president of the European Central Bank
International transition in a worldwide level of globality is not even taken by the deep markets and the dollars of many dollars. Professional work, zero-sum of thinking and bilateral power supervisors are taking place. Incognito’s European economy, more than 30 million jobs are very integrated on the plague.
However, the situation that changes it provides opportunities to control and monitor euros. Today, Euro’s worldly use of the world is a math professional in international exchange bodies compared to 58% of the currency of the world.
Increasing the United States International Rights Activity – Lower Home Loan costs, vulnerability, and the descriptive exposure from walls.
However, we view a large global level to a large global level for our currency. In the past, it is about the major money today, still do not cause the main changes to options. Instead they reflected in a Governing desire is increasing.
To reach the full capacity, a euros has three basic panic of fundamental poles: geopolynical credibility, economic resistance and legal and institutional position.
First, the European universal position is on the role of European business. The European Union is the world’s largest merchant – 40 percent of the world around the world is 72 countries worldwide. This by <ድርሻ> Reflected in a portion Euro As 40 per cent of the currency cash money. European Union uses this position by creating new business agreements.
The international stock “stubborn” CurrencyThe In the 1960’s, the 1960’s comes with responsibility that it is represented in the 1960s.
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However, self-reliance will rest in strong facts. Investors need regions that respect their relationship. Such guarantees are seen to increase currency in foreign foreign containers in Up to 30 percent of points. Europe is a major change in rebuilding his strong power, which should help them to help Global self-confidence in Euro in Euro.
Second, economic strength is the backbone of all international currency. Successful providers are typically-major features: deep and liquid capital markets to support investment, large translations, to support large translations. And enough supply of safety properties.
But Europe has faced challenges. His growth is at the lower time, Compared to the 129 percent of the 8th percent of the 89 percent financial number – high quality safety of GDP is behind the GDP hiring from behind. Recent estimates from HIV / MCP / MCP / MCP / MD / MCP / MCP / MCP (100 percent of the United States in the United States.
By completing in a district, Europeans must take decisively reducing control of control and build stronger capital markets. Strategic industries such as green technologies and protection must be supported by the European Union. As a collection of mutual money compensation, mutual money can create more secure property.
Third, the investor is reliable with the strength of self-confidence in the financial support. Admittedly, the tissue of the tissue is not easy to understand. But configured and synagogue of decisions, stability and scales, stability and policy guarantees and scales, stability and synagogues, stability and synagogues. To the rule of law and such as ECC
We must improve the European institutional structure to get these benefits to your home. One single Veto cannot be allowed to stop the needs of other 26 member states with issues of other 26 member states. Most qualified most of the most qualified ones enables Europe to talk to a voice.
History teaches us that they look eternal – until they live. International domination horses occurred before. This moment of change is a chance to Europe: “International Euro” time. As a PLC to share it and have the role of American financial support. We have to take decisive action.