Promote the internationalization of the bet365 sportsbook review
June 15, 2020 09:18 Source: "Chinese bet365 sportsbook review Journal" Issue 1947, June 15, 2020 Author:

This newspaper’s comprehensive foreign media reports June 5,Posted on the official website of the Belgian think tank Bleuzer Institute for International Economics,Call for promoting the internationalization of the bet365 sportsbook review。The article thinks,Europe is thinking about how to actively promote the internationalization of the bet365 sportsbook review,To help ensure its autonomy。But push for a more prominent role for the bet365 sportsbook review,It will require far-reaching changes in the structure of the European Monetary Union。

Article proposed,Countries that have issued major currencies in history all have the following characteristics: large economic scale、The economy continues to grow、Free flow of capital、Willing to play an international role、Stable、Ability to provide large amounts of resilient security assets、Developed financial markets,As well as important geopolitical and military forces。bet365 sportsbook review does not meet all criteria。

The only way for the bet365 sportsbook review to play a major international role is to improve the institutional structure of the monetary union。First,The supply of bet365 sportsbook review-denominated safe assets in the monetary union should be increased。European countries in the past two months,Increased supply of debt securities,To stabilize the economy。Via new purchasing plan,The European Central Bank has ensured that bet365 sportsbook review area sovereign bonds remain safe assets。Eurogroup decisions also increase the supply of common European security assets。European Commission proposes to issue joint EU debt of up to 750 billion euros,Funding its recovery plan,This is a step in the right direction。

Proposed by scholars,The bet365 sportsbook review area must ensure a strong recovery for all countries,Thus making the bet365 sportsbook review area an attractive investment destination。A strong recovery is critical to maintaining or even improving the supply of safe assets,Because economic growth is important to maintaining debt sustainability。

(Zhao Yuan/Compiled)

Editor: Cui Cen
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