Insight: Euro's 'global moment' risks slipping away amid political division
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最新报道：ECB President Christine Lagarde's push to enhance the euro's global role faces setbacks due to political divisions and competing priorities. Despite the euro's 13% rise against the dollar this year and its status as the world's second reserve currency, key reforms like joint debt issuance, capital market integration, and a digital euro remain stalled. Resistance from Germany and France, alongside fragmented EU policies, hinders progress. While the ECB aims to counter dollar dominance, internal challenges and the yuan's growing appeal complicate efforts to strengthen the euro's international standing.
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