Euro needs enhanced global role but cannot overtake the dollar, Bundesbank says
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最新报道：Germany's central bank chief Joachim Nagel stated that while the euro cannot replace the U.S. dollar as the world's dominant currency, it should strengthen its global role to provide an alternative safe haven amid declining confidence in the dollar. Nagel cited concerns over unpredictable U.S. trade policies, unsustainable debt, and attacks on Federal Reserve independence as factors damaging the dollar's reputation. He emphasized that for the euro to gain international significance, the bloc needs stable fiscal policies, deeper capital markets, and better channeling of European savings to finance green and digital transitions. Nagel also warned about stability threats from unregulated stablecoins in the financial system.
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