Future role of the euro as a reserve and invoicing currency 3 I know that the first issue - the future role of the euro as a reserve and invoicing currency - has been receiving a lot of attention from your Association over the years. As a matter of fact, you very strongly believe in a powerful role for the euro.
I quote from your latest report: “By placing Europe in a much stronger position vis-à-vis the United States of America and other countries, the introduction of the euro improves investor climate and ultimately favours employment. Also, the use of the euro will rapidly develop world-wide, in proportion to the external trade of the European Union which already ranks first in the world”.