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Lagarde: The dominance of the US dollar is no longer certain, efforts are being made to increase the influence of the euro.

Jin10 data June 17 news, European Central Bank President Lagarde stated in an article that in order for the euro to fully realize its potential, Europe must solidify three fundamental pillars: geopolitical credibility, economic resilience, and legal and institutional integrity. We are witnessing a profound shift in the global order, with the dominance of the dollar becoming increasingly uncertain, and protectionism and bilateral power games gradually taking its place. This uncertainty is undermining the European economy. However, it also presents opportunities for Europe, prompting the euro to gain a higher status globally. Efforts need to be made to strive for greater international influence of the euro. This transformative moment offers Europe an opportunity, marking the beginning of a “global euro” era, and Europe must take decisive action as a united whole.

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