Lagarde Doubles Down on Push to Raise the Euro's Global Profile.

Euro; European Central Bank; Monetary policy; Lagarde, Christine, 1956-; Politicians; Geopolitics; Foreign exchange rates; International trade; Hard currencies

The article discusses European Central Bank President Christine Lagarde's assertion that President Donald Trump's policies present a significant opportunity for the euro to enhance its international standing. Lagarde emphasized that if European governments address longstanding economic challenges, they could benefit from lower borrowing costs and increased protection against currency fluctuations. She outlined three key areas for strengthening the euro's global role: establishing a credible geopolitical foundation, completing the single market, and ensuring joint financing for public goods. Lagarde's remarks reflect a strategic response to shifts in global trade dynamics and the potential for the euro to emerge as a viable alternative to the dollar. [Extracted from the article]

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