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  • While the euro has, since its creation, been the world's second most important currency, the ECB has long depoliticized the international role of the euro by proclaiming a neutral stance. However, as this article explains, since 2019, the ECB has embraced currency internationalization and framed the issue in geopolitical terms. This policy change reflects a response to a changed international political environment after 2018 and it has led the ECB to seek closer political coordination regarding external economic policy. As the international role of the euro has become a concern for the EU's broader geoeconomic turn, it may, however, become difficult for the ECB to reconcile its political independence with its more geopolitical view of currency internationalization. (xsd:string)
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?:dateModified
  • 2025 (xsd:gyear)
?:datePublished
  • 2025 (xsd:gyear)
?:doi
  • 10.17645/pag.8877 ()
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  • true (xsd:boolean)
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?:inLanguage
  • en (xsd:string)
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?:issn
  • 2183-2463 ()
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  • No Longer Neutral: The ECB's Geopoliticization of the International Role of the Euro (xsd:string)
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  • Zeitschriftenartikel (xsd:string)
  • journal_article (en)
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  • GESIS-SSOAR (xsd:string)
  • In: Politics and Governance, 13, 2025 (xsd:string)
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  • 13 (xsd:string)