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20 years on, dreams of euro rivalling US dollar persist

Published Tue, Dec 28, 2021 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Brussels

    WHEN 12 countries adopted the euro 2 decades ago, then-French president Jacques Chirac hailed a Europe that was "affirming its identity and its power".

    To the euro's most starry-eyed promoters, the currency was not only a leap of faith into European unity, but set up a rivalry with the United States and its powerful US dollar.

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