Where the law stands, Dossier 2025/2249(INI)
Global role of the euro
Own-initiative report (INI): Parliament’s own position on a topic. It is not binding. · First reading
Parliament sets out its own position on a topic. The resolution is not binding but signals what Parliament wants.
Where it stands
Parliament’s position
Parliament adopted the text on 15 September 2026. This is its final position on the matter.
- Referred to committee(done) 18 December 2025
- Committee work(done) Report adopted 15 July 2026
- Tabled for plenary(done) 31 July 2026
- Plenary vote(done) Adopted 15 September 2026
- Parliament’s position(done) Final
Decided in plenary
15 September 2026 · decision 13
Economy & single market, Resolution
Global role of the euro
Adopted 405 for · 146 against · 60 abstained by a large majority
AI summary:The report calls on the Commission, in close cooperation with the European Central Bank, to develop a comprehensive strategy for strengthening the international role of the euro and to submit it to Parliament and the Council for scrutiny.
What changed
Latest Tabled for plenary → Adopted by Parliament
AI summary:The versions differ only in formal points: a decimal separator is changed.
Committee draft → Tabled for plenary
AI summary: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.
Who works on it
- Lead committee
- Economic and Monetary Affairs
- The MEP who drafts the report and negotiates it on behalf of the committee.
- Rasmus Andresen (Greens)
- An MEP who follows a report on behalf of their own group when another group holds the rapporteur.
- Michalis Hadjipantela (EPP), Nikos Papandreou (S&D), Pierre Pimpie (Patriots), Stephen Nikola Bartulica (ECR), Ľudovít Ódor (Renew), Jussi Saramo (The Left)
The text, version by version
Newest first.
Adopted by Parliament· 15 Sept 2026
AI summary: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.
Tabled for plenary· 31 Jul 2026
AI summary: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.
Committee draft· 15 Apr 2026
AI summary: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.
Timeline
Newest first.
Plenary stage 2 steps
15 September 2026
Plenary vote
Sitting of 15 Sept 2026 Report A10-0214/2026Adopted text TA10-0289/2026
31 July 2026
Report tabled for plenary
This is the text all MEPs vote on. Political groups can still table amendments to it.
Committee stage 4 steps
15 July 2026
Committee vote: report adopted
ECON (Economic and Monetary Affairs) voted on the amendments and adopted the report that goes to plenary.
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)
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.
18 December 2025
Referred to the ECON (Economic and Monetary Affairs) committee
The lead committee prepares Parliament’s report.
Official record: Legislative Observatory, 2025/2249(INI)