Capital markets union imperative to build euro as global reserve, Lagarde says | Euronews Newsletter Events Loader Newsletter Events Loader Loader Search
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The euro will not become a global reserve currency "overnight", European Central Bank President Christine Lagarde said on Monday in Brussels, urging lawmakers to complete the capital markets union, which she described as the most important step. ADVERTISEMENT ADVERTISEMENT Europe is considering how to expand the global role of the euro as US President Donald Trump's confrontational approach to foreign policy and trade has accelerated the debate. At the centre of the discussion are three main
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