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Enhancing Europe’s Economic Global Power
Author(s) -
Buti Marco
Publication year - 2020
Publication title -
global policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.602
H-Index - 33
eISSN - 1758-5899
pISSN - 1758-5880
DOI - 10.1111/1758-5899.12798
Subject(s) - debt , position (finance) , payment , business , foreign exchange , external debt , international economics , hedge , hedge fund , economics , lead (geology) , monetary economics , financial system , finance , international trade , ecology , biology , geomorphology , geology
EU bodies and institutions where the EU has a substantial influence should also lead by example and encouraging the use of the euro in their operations namely, debt issuances and international payments. An increase in euro‐denominated debt could represent a natural hedge, as it would lead to a better matching between the foreign exchange position of assets and liabilities.