Schnabel says now is the right time to boost euro role

People walk in to the headquarters of the European Central Bank (ECB) in Frankfurt am Main, western Germany, past a giant Euro logo on April 17, 2025 ahead of the Eurozone's monetary policy meeting. (Photo by Kirill KUDRYAVTSEV / AFP)

FRANKFURT: European Central Bank (ECB) executive board member Isabel Schnabel sees a favourable moment now to strengthen the euro’s global role as investors turn to Europe.

There’s a “window of opportunity” to increase the international role of the euro, she said in a question to a panel at the 31st Dubrovnik Economic Conference last Saturday.