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ECB’s de Guindos: Role of the Euro can expand if the European Union (EU) progresses with reforms

Summary by FXStreet
European Central Bank (ECB) Vice President Luis de Guindos said on Thursday, “role of the Euro can expand if the European Union (EU) progresses with reforms.”
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The surge in energy prices driven by tensions between Iran and Israel in the Middle East could damage the economic growth of the euro area and trigger inflation, as warned by number two of the European Central Bank (ECB), Luis de Guindos, this Thursday. The vice president of the ECB has changed his position after he assured — just two days ago — that the impact of oil markets on inflation was "something contained" and that the fall in inflation …

The vice president of the European Central Bank (ECB), Luis de Guindos, insisted this Thursday on the importance of having "true European banks" in the eurozone, so he regretted that "government interferences" retained credibility to the discourse on the union of the capital market and the banking union.

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FXStreet broke the news in on Thursday, June 26, 2025.
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