The European Commission has issued nonbinding proposals to increase the international role of the euro for payment and as a reserve currency to challenge the US dollar's dominance. The commission wants firms and the eurozone to use the euro more and says banking and financial changes are needed to widen the currency's international role.
Sign up for CPA Letter Daily
The latest CPA news
Get the intelligence you need: news and information that is changing your industry today, hand-curated by our professional editors from thousands of sources and delivered straight to your inbox.