First published on
09 June 2022
Discussion Paper 164

The EU’s Response to the COVID-19 Crisis: A Game Changer for the International Role of the Euro?


This paper presents an assessment of the implications of the creation of the NGEU and SURE instruments, as well as of other measures taken by the EU in response to COVID-19 crisis, for the global role of the euro.

Information and identifiers

Discussion Paper 164. June 2022. Brussels. PDF. 58pp. Tab. Graph. Bibliogr. Free.

KC-BD-22-001-EN-N (online)

ISBN 978-92-76-52932-3 (online)

ISSN 2443-8022 (online)

doi:10.2765/24542 (online)

JEL classification: F33, F31, E5, 052.


European Economy Discussion Papers are written by the staff of the European Commission’s Directorate-General for Economic and Financial Affairs, or by experts working in association with them, to inform discussion on economic policy and to stimulate debate. The views expressed in this document are solely those of the author(s) and do not necessarily represent the official views of the European Commission.


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