And we are also promoting financial market integration in Europe and the development of deep, liquid and efficient markets that support the internationalisation of our currency. Even though the international use of the euro has no specific implications and does not pose any challenges for monetary policy, the ECB, as the issuing central bank, closely analyses developments in this area.
As I explained, despite the difficulty in obtaining the necessary data, the ECB continually monitors and analyses the role of the euro in international debt markets, foreign exchange markets, international trade and in third countries, taking account of both its official and private use.