Eurozone finance ministers are pushing for the euro to play a greater role and expand its global influence.

date
17/02/2026
As US President Trump disrupts the market and the dollar weakens, finance ministers from eurozone countries are working to expand the global influence of the Euro. "Given a series of recent geopolitical events in the current geopolitical context, there is a risk that the international financial and monetary system could be used as a political tool," said Greece's finance minister Kyriakos Pierrakakis, who chaired the eurozone finance ministers' meeting. "Therefore, maintaining the international status of the Euro is crucial for our survival and is closely related to the monetary sovereignty of the European Union." The above remarks were made shortly before the European Central Bank took its strongest measures to date to promote the Euro. Last weekend, the monetary policy institution announced that it was prepared to provide Euro liquidity to central banks around the world. "International investors are seeking diversification and are looking to connect with Europe, which is why we want to be a 'safe haven' for global capital investment," said German Finance Minister Lars Klingbeil. He and the French finance minister are urging for faster action.