Calls for the Euro to Serve as a Global Reserve Currency Grow
Fast facts
- Category: Business
- Language: EN
- Published: 2026-05-02 00:00 UTC
- Sources: Financial Times
The Financial Times argues that the euro must be positioned as a true reserve asset to bolster Europe’s financial independence. It calls for decisive steps to develop the single currency’s role globally, especially as the United States and China dominate reserve holdings. The piece stresses that without such reforms, the euro’s credibility and attractiveness could wane.