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1. People also ask

   Is the Euro still a stable currency?

   • Euro remains unchallenged as second most widely used currency globally after the US dollar International role of the euro is broadly stable after the pandemic shock The international role of the euro remained broadly stable in 2020.

   International use of the euro broadly stable in 2020

   www.ecb.europa.eu/press/pr/date/2021/html/ecb.pr210602~ddb885d6be.en.html

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   Does the Euro change the international role of the Euro?

   • On balance, however, these developments did not result in a significant change in the international role of the euro. In particular, the euro’s share in outstanding international loans, in the stock of international debt securities and as an invoicing currency for extra-euro area imports of goods remained broadly stable.

   The international role of the euro, June 2021 - European Central Bank

   www.ecb.europa.eu/press/other-publications/ire/html/ecb.ire202106~a058f84c61.en.html

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   What is the international role of the Euro?

   • The international role of the euro is primarily supported by a deeper and more complete Economic and Monetary Union (EMU), including advancing the capital markets union, in the context of the pursuit of sound economic policies in the euro area. The Eurosystem supports these policies and emphasises the need for further efforts to complete EMU.

   The international role of the euro, June 2021 - European Central Bank

   www.ecb.europa.eu/press/other-publications/ire/html/ecb.ire202106~a058f84c61.en.html

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   How many countries use the Euro?

   • The euro is widely available outside the 19 countries that formally use it. About two dozen countries link their own currencies to it in some way, albeit mainly former European colonies and close neighbours. Between a third and half of all euro banknotes by value are held outside the euro area, according to the European Central Bank ( ECB ).

   The international role of the euro - The Economist

   www.economist.com/finance-and-economics/2021/06/24/the-international-role-of-the-euro

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2. en.wikipedia.org › wiki › International_status_andInternational status and usage of the euro - Wikipedia

   en.wikipedia.org › wiki › International_status_and

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   The international status and usage of the euro has grown since its launch in 1999. When the euro formally replaced 12 currencies on 1 January 2002, it inherited their use in territories such as Montenegro and replaced minor currencies tied to pre-euro currencies, such as in Monaco.

3. www.ecb.europa.eu › press › other-publicationsThe international role of the euro, June 2021

   www.ecb.europa.eu › press › other-publications

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   Jun 2, 2021 · 1 Main findings. The international role of the euro remained broadly stable in 2020. This period was characterised by the outbreak of the coronavirus (COVID-19) pandemic, a contraction in global economic activity unprecedented in living memory and exceptional global policy support.

4. www.ecb.europa.eu › press › prInternational use of the euro broadly stable in 2020

   www.ecb.europa.eu › press › pr

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   Jun 2, 2021 · International use of the euro broadly stable in 2020. 2 June 2021. Euro remains unchallenged as second most widely used currency globally after the US dollar. International role of the euro is broadly stable after the pandemic shock. Euro plays large role in international green bond markets.

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6. www.economist.com › finance-and-economics › 2021The international role of the euro - The Economist

   www.economist.com › finance-and-economics › 2021

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   Jun 24, 2021 · The euro is widely available outside the 19 countries that formally use it. About two dozen countries link their own currencies to it in some way, albeit mainly former European colonies and close ...

7. www.europarl.europa.eu › doceo › documentREPORT on strengthening the international role of the euro ...

   www.europarl.europa.eu › doceo › document

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   Emphasises that a more prominent role of the euro at international level could reinforce the resilience of the international financial system, offering greater choice to market participants around the world and making the international economy less vulnerable to shocks related to the heavy dependence of many sectors on a single currency ...

8. european-union.europa.eu › euro-internationally_enThe euro internationally | European Union

   european-union.europa.eu › euro-internationally_en

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   The international role of the euro. Find out how the euro, the second most important currency in the world, is used outside the euro area.

9. economy-finance.ec.europa.eu › euro › use-euro_enUse of the euro - European Commission - Economy and Finance

   economy-finance.ec.europa.eu › euro › use-euro_en

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   Information on the euro's status as legal tender in the euro area and its practical use as a national currency.