Brussels, 17/02/2015 (Agence Europe) - Upon request from France, eurozone finance ministers held a brief discussion on Monday 16 February on internationalising the euro.
“Some euro area firms face extra costs when they trade in markets that use other currencies. This issue was recognized by all and even though we all agreed that the international role of the euro was and should be mostly market-driven, one can look and we will look more in depth on the reasons and possible obstacles for using the euro in international trade in specific sectors,” explained the head of Eurogroup, Jeroen Dijsselbloem.
Dijsselbloem added: “We've asked the Commission and the euro working group to look into this specific issue in more detail and then we will come back to it in the second half of this year.” (Mathieu Bion)