from Sputnik News:
Looking to boost the euro, the European bloc is pinning its hopes on a hefty coronavirus-induced stimulus package and the expected development of a unified digital European currency as part of new post-COVID-19 financial infrastructure.
The European Union will unveil plans on Tuesday to bolster the euro internationally in a bid to deal with the dominance of the US dollar and insure the bloc doesn’t face severe financial risks, such as American sanctions, but demonstrates financial resilience, Bloomberg reported.