Domingo Solans on the euro as a driving force

- Central Banking staff
- 18 Nov 2002

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SPEECH - Eugenio Domingo Solans of the European Central Bank said five years is a very short period of time in the normal life of a central bank. He compared the ECB to the Banco de San Carlos, the forerunner of the Bank of Spain created in 1782. Nevertheless, he said, the ECB has started well and the international role of the euro is gradually growing such that it is the most widely used international currency after the US dollar and ahead of the Japanese yen.

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