Euro
Lagarde urges stronger global role for the euro
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In a speech in Paris, ECB President Christine Lagarde called for enhancing the euro's international status to turn Europe's openness into economic strength. She highlighted how recent safe-haven flows into the euro amid US turbulence pressured the exchange rate, underscoring the need for deeper markets and integration. Lagarde emphasized that a more global euro could shield exporters and foster resilience against external shocks.
Lagarde addresses euro's international role at EU parliament hearing
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European Central Bank President Christine Lagarde spoke before the European Parliament's Committee on Economic and Monetary Affairs on October 6, 2025, highlighting the euro area's economic resilience amid global uncertainties. She outlined growth and inflation projections while emphasizing the need to strengthen the euro's global standing. Lagarde called for reforms to enhance Europe's economic foundations and geopolitical position.