Continue to promote euro reform
January 12, 2022 09:19 Source: "China Social Sciences" January 12, 2022 Total 2328 Author: This reporter Zhao Qi

January 1, 2002,12 European countries exchanged their currencies into euro,Since then, the road to European currency integration development has been opened。From then on,The euro gradually becomes one of the most significant signs of the European integration process,It is regarded as a symbol of common status in Europe。2022 is the 20th year of the birth of the euro,After 20 years of development,Does the euro have achieved the goals expected by Europeans? What achievements have you achieved?,The reporter interviewed relevant scholars。

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Since its birth,It is warmly welcome by most Europeans,and quickly grow into the world's most widely used currency。Current,The range of the euro area is still expanding,has expanded from the original 11 member states to 19。Discussion on the establishment of economic and currency alliances in the late 1960s was on the agenda,The euro has gone through a long road。1988,At that time, Jacques Delors, chairman of the European Community Committee (predecessor of the European Union), proposed for the first time to realize a specific step to realize a single currency,The signing of the "Marstrip Treaty" in 1992 marks the internal requirements of Europe to achieve freedom of capital、The desire to realize the true unified market achieves an agreement。1998 Central Bank of Europe bet365 Play online games began to operate; January 1, 1999,The euro was launched in 11 member states,Calculation and transfer currency as a financial market。January 1, 2002,Euro banknotes and coins are officially circulated,In Austria、Belgium、Finland、France、Germany、Greece、Irish、Italy、Luxembourg、Netherlands、Portuguese and Spain Starting。2007 Slovenia joined the euro area,After Cyprus、Malta、Slovak、Estonia、Latvia、Lithuania has joined the euro area one after another。Current,Croatia is making a final preparation for joining the euro area,It is planned to add it on January 1, 2023。

Recent,The EU Commission's official website published an article mentioned,In the past 20 years,Euro is the stable European economic prosperity development、Enhance the competitiveness of Europe has made great contributions。The most important thing is,The use of the euro has improved the quality of life of the European people,Makes trade between Europe and countries and regions outside Europe more convenient。Future,The EU Commission will continue to promote the internationalization process of the euro,Make it better adapt to the new external environment and global development。

The Chairman of the EU Commission Ursula Von Der Leyen mentioned,20 years ago,Europeans chose a single currency -euro。Now,Euro is a symbol of European unity,Reflects the values ​​of Europeans and the lifestyle that Europeans want。Future,Euro as a global currency,will continue to give play to its value。

From the perspective bet365 live casino games of Maria Demertzis, deputy director of the bet365 best casino games Institute of International Economic Research, the Institute of International Economic Research,,The 20 -year road that euro has gone,Represents the huge achievements achieved by European cooperation。The euro is not only successful in Europe,The heel on the international stage also stood firm。Although the current world crisis continues,But the euro has proved to the world that it is elastic。During the popularity of the new crown pneumonia,The stability of the euro shows,Help the European economy gradually get out of the haze,Implementing recovery,and sustainable development、High -quality employment and innovation continue to release potential。

  Accelerate the digitalization of the euro

The unity of European currency has brought many benefits to Europe,Single currency helps keep prices stable,Economics from the protection area from the influence of exchange rate fluctuations。For this,Assistant researcher at the European Policy Research Center Dylan Macchiaarini Crosson told this reporter,Euro as the second important currency in the international currency system,Its stability and credibility make it a international general -purpose currency、Value -preserving savings currency and reserve currency。Euro currently accounts for 20%of global foreign exchange reserves。The use of the euro has eliminated the cost of internal currency in Europe,Accelerated the internal staff of Europe、Free flow of goods。Now,Nearly 40%of the world's cross -border payment Bet365 lotto review and more than half of the EU export trade payment use euro。According to the data of the International Monetary Fund,The GDP of the euro zone from 2010 to 2020 remained at about $ 13 trillion。The total economic and scale of the euro zone also always ranks among the forefront of the world。In addition,Compared with the instability and turbulence of the international financial market,The monetary policy of the European Central Bank is relatively stable。

The euro has achieved a lot of achievements in the past 20 years,But still need to further deepen reform,If you promote the digitalization of currency and the issuance of virtual currency,So as to drive the European payment industry to transform,Provide more convenience to consumers and enterprises。Researcher Michael Bayerlein, a researcher at the Institute of Economics, Germany, told this reporter,The reform of the euro should keep up with the pace of innovation,Enhance the international role of the euro。The euro itself must adapt to the development needs of the digital age,The European Central Bank should increase its efforts to promote the digital work of currency。At the same time,Each member country in the euro area also needs to further strengthen cooperation,Although the current European banking system already has a solid foundation,But there are more jobs to do。

Christine Lagarde, president of the European Central Bank, said,Euro has become a stabilizer of the global economy,Tens of thousands of Europeans are using the euro to trade,It has become the world's second bet365 Play online games largest international currency,In the future, the European Central Bank will continue to work hard to ensure that the price of the euro zone is stable,Accelerate the speed of the euro digitalization。

Bayerlain proposed,Member State and financial institutions of the euro zone have already realized,A single financial framework cannot effectively respond to increasingly complicated global financial impact。Only establish an effective regulatory framework,Support for members who may fall into financial dilemma,At a higher level、To more coordination and consistency,can the euro zone develop more stable。This fact also explains,The economy between countries is interdependent,Only unity can solve the problem。

  Let the public feel the integration of currency integration

Paschal Donohoe, chairman of the euro group, believes,Euro has proven its ability to deal with huge economic challenges。Especially during the new crown pneumonia epidemic,The European Central Bank adopted a series of action,If a supporting monetary policy is introduced, it allows European more than 31 million jobs to get fiscal assistance。

Crosson mentioned,In recent years,The euro zone will issue high -quality bonds,Increases the depth and liquidity of the EU capital market,enables it to attract more investors outside Europe。In addition,The European Central Bank is a leading position in the issuance and use of world green bonds,The euro will be green globally in the future、Make more contributions to sustain financial finance。

The Senior Researcher Jean Pisani-Ferry, a senior researcher at Peterson bet365 best casino games Institute of International Economics, mentioned it in the recent article.,The opening of a single currency in Europe,While stabilizing the European economy,It is also questioned by some people。Some critics think,Using a single currency to push up the price of consumer goods。A 65 -year -old Frankfurt resident Maria Napolitano (Maria Napolitano) complaint,Originally 100 German Mark (Deutschmarks) can be filled with a shopping cart,But now 100 euros are less than two bags。Although there is no inflation although there is actually no inflation,But from Paris to Rome、From Madrid to Athens,Many people in the euro zone have such an impression。This requires the European Central Bank and the European Commission to launch more stable monetary policy,Let the public generally feel the benefits brought by currency integration。

As Pizani-Ferry said,The European Central Bank must have personnel in the euro zone、Infrastructure and institutions conduct large -scale and sustainable investment。At the same time,Make necessary reforms in key areas。This will increase the growth potential of the euro area,Improve people’s living standards,Help humans cope with major challenges。It can be said,Euro is both a co -use currency,It is even more supported by the European Union、Basis of Sustainable Economic Development。

Editor in charge: Chen Jing
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