A Response to ‘Enhancing Europe’s Global Power: A Scenario Exercise with Eight Proposals’, Christoph M. Abels, Helmut K. Anheier, Iain Begg, Kevin Featherstone*
EU bodies and institutions where the EU has a substantial influence should also lead by example and encouraging the use of the euro in their operations namely, debt issuances and international payments. An increase in euro‐denominated debt could represent a natural hedge, as it would lead to a better matching between the foreign exchange position of assets and liabilities.