By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Pierre Wunsch said on Thursday that the euro could strengthen further if it were to take on a larger international role.
In an interview with Bloomberg, Wunsch, who heads the National Bank of Belgium, said that if Europe seeks “a greater role for the euro, we might see further appreciation.”
Given concerns about the euro’s recent strengthening, Wunsch added rhetorically: “Do you want at the same time a much greater international role for the euro? I’m not so sure.”
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