The inquiry into the global significance of the euro, which is the second most important currency in the international … financial system after the US dollar (hereinafter, the dollar), should be treated as a priority in efforts to strengthen the EU …’s strategic autonomy. The main obstacles impeding the further internationalisation of the euro include the lack of a sovereign …

The euro is the second most important global currency after the US dollar. However, its international role has not … increased since its inception in 1999. The private sector prefers using the US dollar rather than the euro because the financial … market for US dollar-denominated assets is larger and deeper; network externalities and inertia also play a role. Increasing …

The paper compares the degree of capital market integration across euro-area countries with that across regions in … that across the regions or provinces. The evidence does not suggest that EMU will prompt a major reallocation of net … capital flows within the euro area that would entail sizable shifts in countries’ equilibrium current accounts. …

system requires the dominance of a single currency, namely the U.S. dollar. To a significant extent, U.S. dollar dominance is … the U.S. dollar) rather than an inherent rigidity in the international monetary system. Many of the problems that some …

. Even the currencies of poor nations are galloping upward in $ parity, because they are linked to Euro. This is due to USA …