The euro as currency

Euro, since its inception, is a fine symbol of the miracle
triumph of European integration. The euro as currency, had lent
macro-economic strength and political power of the entire region, not
only strengthened, but also cause the hegemony of the dollar. The
first article in this section "Euro @ Ten:? feat or defeat" author
from Y Bala Bharathi and Sanjoy De depicts how EMU complete internal
currency turbulence within the euro area and are more resilient to Europe
outside shocks. The article highlights the shortcomings of the Euro despite
triumphs such as the sharp differences in the countries in terms of
inflation and unit labor costs, which resulted in loss
competition and other future agendas, such as the overall macroeconomic and
financial stability, well-functioning labor markets, greater flexibility
wages across industries and more active and aggressive role in
Taking the common currency on the global stage are discussed.
"Looking ahead: The only global currency" is presented as a field point from
Jayshree Bose.