President of the European Central Bank: Improvement of the economy is needed to enhance the global status of the euro

ChainCatcher news, ECB President Lagarde stated on Friday that the EU's economic system needs to improve efficiency and productivity for the euro to stand on equal footing with the dollar as one of the world's major currencies. "Political leaders and policymakers need to get involved to make our economy more productive and efficient, then the euro can become a major global currency."