PANews May 30 news, ING Group Chief Economist Bloom pointed out in a report that the US dollar is gradually losing its safe-haven status, which brings opportunities to the eurozone. The EU now has a unique opportunity to take advantage of investors' concerns and promote the euro as a reserve currency, a move that will bring significant economic benefits. She said that the increased demand for the euro means lower borrowing costs for governments, companies and homeowners in the eurozone. The configuration of the euro as an alternative safe-haven currency can also bring stability during economic downturns. Bloom stressed that if the EU wants to take advantage of the weakness of the United States, it needs to act quickly and start designing an acceptable framework for issuing eurozone bonds.
ING: The dollar is gradually losing its safe-haven status
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Author: PA一线
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