Disponible en anglais uniquement

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Paper est une contribution de Daniela Schwarzer (SWP), Federico Steinberg (Elcano) and Diego Valiante (CEPS) au
projet Think Global – Act European (TGAE). Thinking Strategically
about the EU’s external action dirigé par Notre Europe – Institut
Jacques Delors (rapport disponible en mars 2013, dir. Elvire Fabry,
Chercheur Senior, Notre Europe – Institut Jacques Delors).

Since the
introduction of the euro in 1999, the external representation of the eurozone
has been incrementally developed, but no formal amendments have been made. This
contribution discusses the case for a consolidated representation of the eurozone
in international economic fora, analyses the obstacles to achieving it, and
puts forward proposals to solve some of the existing obstacles. It argues that
there is a strong case for creating a single voice for the euro in the world in
general and in the IMF in particular, especially after the global financial
crisis and the emergence of the G20 as the main forum for global economic
governance. However, some eurozone countries are unwilling to give up
sovereignty and transfer more power to Brussels. In addition, the functioning
of the IMF, which is based on high majority voting, may induce major euro area
countries not to give up their individual influence over IMF
decisions. Nevertheless, the recently created European Stability Mechanism
could act as a catalyst for solving some of these problems.

Ce projet est mené avec le soutien du