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Is the COVID-19 crisis an opportunity to boost the euro as a global currency?

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  • Grégory Claeys
  • Guntram B. Wolff

Abstract

This note was prepared at the request and with the financial support of the Croatian Presidency of the Council of the European Union, as a background paper for discussion at the informal ECOFIN in Zagreb, which was cancelled because of the COVID-19 outbreak and implementation of containment measures. • The euro became an international currency when it was created two decades ago. However, the euro's internationalisation peaked as early as...

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  • Grégory Claeys & Guntram B. Wolff, 2020. "Is the COVID-19 crisis an opportunity to boost the euro as a global currency?," Policy Contributions 37033, Bruegel.
    • Handle: RePEc:bre:polcon:37033
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    File URL: https://www.bruegel.org/wp-content/uploads/2020/06/PC-11-2020-050620.pdf
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    Cited by:

    1. Jean Pisani-Ferry, 2021. "Global asymmetries strike back," Essays and Lectures 44335, Bruegel.
    2. Gergely Hudecz & Edmund Moshammer & Alexander Raabe & Gong Cheng, 2021. "The euro in the world," Discussion Papers 16, European Stability Mechanism, revised 27 Oct 2021.

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