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2026-02-17 00:14:44
[Eurozone Finance Ministers Actively Promote the Euro's International Status and Expand Its Global Influence] Amidst market volatility triggered by US President Trump and a weakening dollar, Eurozone finance ministers are working to further enhance the euro's global influence. Greek Finance Minister Kyriakos Pierrakakis, while chairing a Eurozone finance ministers' meeting, stated, "In the current geopolitical environment, recent international events have placed the international financial and monetary system at risk of being used as a political tool. Therefore, maintaining the euro's international status is crucial for us and directly relates to the EU's monetary sovereignty." This statement comes shortly after the European Central Bank launched its largest euro promotion initiative to date. Last weekend, the central bank announced it would provide euro liquidity support to central banks worldwide. German Finance Minister Lars Klingbeil stated, "International investors are pursuing asset diversification, and they want to strengthen cooperation with Europe, which is why we are committed to becoming a 'safe haven' for global capital investment." He and the French Finance Minister jointly called for further acceleration of related actions.
