BIS central bankers’ speeches  3  So is the euro safe now after some very turbulent years when there was even speculation it might break up? Is the euro on the safe side now, out of the worst trouble? The euro is no longer being challenged as a project. This is an important achievement.
European policy-makers have confirmed their commitment to the single currency project and to the integrity of the euro area and this has restored trust in the euro in international capital markets. This is why many international investors are now coming to the euro area – it’s a sign of trust in the reform process here. That’s good news.