币界网报道:[ECB Governing Council member Rehn: European joint defense borrowing can enhance the global status of the euro] According to the Coinnet report, ECB Governing Council member Rehn said that Europe should focus on defense investment because it will reduce costs, speed up the process, and create a new safe financial asset, thereby enhancing the international status of the euro. ECB President Lagarde once said that the unstable economic policies of the United States have created space for the euro to seize market share from the US dollar on the global stage, but this requires the eurozone to restart a long-stalled process to complete its financial architecture. Joint defense borrowing can boost the prospects of Europe and the euro in two ways: it will create a large-scale, liquid and safe asset, which is necessary for the smooth operation of the financial sector; it will also enhance defense capabilities, which is a must for any group that issues a major reserve currency.