2025/2249(INI) Own-initiative report First reading

Global role of the euro

Parliament sets out its own position on a topic. The resolution is not binding but signals what Parliament wants.

Where it stands: Parliament adopted the text on 15 September 2026. This is its final position on the matter.

  1. ✓ Referred to committee 18 December 2025
  2. ✓ Committee work Report adopted 15 July 2026
  3. ✓ Tabled for plenary 31 July 2026
  4. ✓ Plenary vote Adopted 15 September 2026
  5. ✓ Parliament’s position Final
How a file moves through Parliament

A file is referred to one lead committee (others may give an opinion). Its rapporteur writes a draft report, committee members table amendments, and the committee votes to adopt the report. The report is then tabled for all MEPs; political groups can table further amendments, which are voted on before the final vote in plenary. The adopted resolution is Parliament’s final position; it is not itself law.

Who is working on it

Lead committee
ECON — Economic and Monetary Affairs
Rapporteur
Rasmus ANDRESEN Verts/ALE
Shadow rapporteurs
Michalis HADJIPANTELA PPENikos PAPANDREOU S&DPierre PIMPIE PfEStephen Nikola BARTULICA ECRĽudovít ÓDOR RenewJussi SARAMO The Left

The rapporteur drafts and negotiates the text for the lead committee; each other political group names a shadow rapporteur to follow the file.

The text, version by version

Adopted by Parliament · latest Adopted text TA10-0289/2026 15 September 2026 ✦ Parliament's resolution on the global role of the euro sets out how the EU should strengthen the euro's international use. It calls for deeper capital markets, a common European safe asset, wider euro use in trade and payments, and a digital euro.⇄ what changed Tabled for plenary Report A10-0214/2026 31 July 2026 ✦ Parliament's resolution on the global role of the euro finds the international monetary system is shifting and calls on the EU to reduce strategic dependencies and strengthen the euro's international role.⇄ what changed Committee draft Draft report (ECON) 15 April 2026 ✦ This is a draft report by the Committee on Economic and Monetary Affairs on the global role of the euro. It calls for the EU to reduce strategic dependencies and strengthen its capacity for autonomous action.

Latest Tabled for plenary → Adopted by Parliament: The versions differ only in formal points: a decimal separator is changed. see the changes →

Committee draft → Tabled for plenary: The report adds new recitals and an explanatory statement setting out the euro's global position, the dollar's dominance, geopolitical tensions and the case for a stronger international role. It adds calls for the EU to promote global interoperability, strengthen its monetary and geopolitical influence, and pursue a balanced approach to financial stability and digital finance. It replaces or drops paragraphs on foreign infrastructure dependence, stablecoins, industrial policy and a sovereignty fund, and adds text on payment infrastructure, the digital euro, swap lines, safe assets and a joint strategy by the end of 2026. It adds hedging to the activities market participants should be able to carry out in euro across cross-border value chains. see the changes →

Newest version first. Open a version to read it in full. “What changed” shows the differences paragraph by paragraph; ✦ lines are AI-written from the texts themselves.

Timeline

  1. Plenary stage
  2. 15 September 2026 Plenary vote
    Sitting of 15 September 2026 📄 Report A10-0214/2026📄 Adopted text TA10-0289/2026
    Adopted Adopted by a large majority
    For 405 Against 146 Abstained 60

    Final vote on the motion for a resolution at 14:05 · 66% of votes cast in favour · every MEP’s position →

  3. 31 July 2026 Report tabled for plenary

    This is the text all MEPs vote on. Political groups can still table amendments to it.

    📄 Report A10-0214/2026
  4. Committee stage
  5. 15 July 2026 Committee vote: report adopted

    ECON (Economic and Monetary Affairs) voted on the amendments and adopted the report that goes to plenary.

  6. 22 May 2026 Amendments tabled in committee (2 batches)

    Members of ECON (Economic and Monetary Affairs) proposed changes to the draft.

    📄 Amendments in committee (ECON)📄 Amendments in committee (ECON)
  7. 15 April 2026 Draft report published

    The rapporteur’s first text in ECON (Economic and Monetary Affairs). Members can table amendments before the committee votes.

    📄 Draft report (ECON)
  8. 18 December 2025 Referred to the ECON (Economic and Monetary Affairs) committee

    The lead committee prepares Parliament’s report.