Mobility and Transport

Targeted Consultation on the Use of the Euro in the Maritime and Rail Sectors

Targeted Consultation on the Use of the Euro in the Maritime and Rail Sectors

Targeted Consultation on the Use of the Euro in the Maritime and Rail Sectors
Consultation period: 
31/01/2019
31/03/2019

At the beginning of December 2018, the European Commission adopted the Communication "Towards a stronger international role of the euro". The Euro Summit took note of the communication of and encouraged work to be taken forward to this end.

The Communication outlined the need to continue deepening the Economic and Monetary Union, in particular by completing the Capital Markets Union and the Banking Union. Additional measures were proposed in the domains of financial services, and the international financial sector. Moreover, the Commission proposed actions in key strategic sectors; i.e. energy, raw materials, food commodities, and transport sector manufacturers, including targeted consultations of stakeholders. In the energy sector, the Commission issued a Recommendation on the greater use of the euro at the same time as the Communication.

The targeted public consultations are now launched in a coordinated way for different sectors: the financial sector, energy, transport (manufacturing, suppliers and service providers), food commodities and raw materials. The main objective is to further explore with stakeholders, how to increase the role of the euro in their respective areas. These consultations will be open for two months from end-January until end-March 2019.

In addition to the consultations, the Commission will also open discussions on the increased international role of the euro in different public fora. The Commission will report on progress by summer 2019.

This questionnaire is aimed at the maritime and the rail sectors, while another questionnaire in parallel is launched to consult the aviation sector.

The main objective of this questionnaire is to gather evidence and views on which currencies are used in transactions in the maritime and rail sectors, and how the use of the euro could be further promoted.

The questionnaire: https://ec.europa.eu/eusurvey/runner/UseofEuroMaritimeRail