The Euro is the currency of international tourism at the moment, because Europe attracts more tourists than any other region in the world, and it is expanding in this respect. Conclusion With this I come to the conclusion of my short speech. Finally I would say that the Euro will definitely grow to dominate trade outside the Euro Area.
The Euro Area will harmonize further its labor, tax and financial services laws, i.e. will become more competitive in attracting investments, which will help the Euro to become the currency of international investments. I expect the Euro to become the currency of international trade and investments in ten years.