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European Commission 🇪🇺 @EU_Commission
, 6 tweets, 5 min read Read on Twitter
The euro will be 20 years young next year.
It is a symbol of Europe in the world and has been the second most important international currency since day one.
Today, we present ways to further strengthen its global role. 💪💶
Thread. #EUROat20 #FutureofEurope
The euro needs to strengthen its global role. Let's start with:
🇪🇺Completing the Economic Monetary Union
👌Fostering a European financial sector
🔗Linking to the international financial sector
💶Promoting the use of the € in key sectors
More → europa.eu/!YM37QB #EUROat20
Despite the significant share of the euro in international payments, there is still space to expand its use in key strategic sectors.
We need a stronger #EUROat20 to protect European businesses and citizens. See why our factsheet ↓
What are the benefits of the euro?
⚖ stable prices
🤝 lower transaction costs
🔎 more transparent and competitive markets
🌍 increased intra-EU and international trade

Increased international role of the euro will bring even more benefits!
#FutureofEurope #EUROat20
The EU is the world's largest energy importer with an average import bill of €300 billion! ⚡️
We want to strengthen the role of the #EUROat20 in energy trade which will support the EU’s objective to build an #EnergyUnion.
The euro is almost 20 and needs to strengthen its global role.
Learn how...
→ In our press release europa.eu/!YM37QB
→ In our questions and answers europa.eu/!wn69nK
→ In our factsheet europa.eu/!ty73bJ
→ with @ecfin
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#EUROat20 #FutureofEurope #EnergyUnion

More from @EU_Commission see all

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Our vision: Climate neutral Europe by 2050 💚🇪🇺 #EU2050

How do we want to achieve it?
Read more in our thread 👇
✅ Social transition
✅ Industrial transition
✅ Economic transition

and here: europa.eu/!qU38jq
#COP24
Making sure no one is left behind: We will continue managing the social implications of the transition to climate neutral Europe through:
✅Skills Agenda for Europe
✅European Social Fund
✅European Globalisation Adjustment Fund
✅European Regional Development Fund
#EU2050
#EUBudget: We proposed that 25% of the next long-term EU budget will be used to contribute to climate objectives.
60% of the investments to the infrastructure networks (transport, energy, digital) #EU2050 #COP24
Read 5 tweets
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The next #EUelections2019 will take place in May.
We propose new rules to ensure that they are organised in a free and fair manner, and to better protect them from manipulation by third countries or private interests.
→ europa.eu/!fx67KH #SOTEU #EUprotects
To ensure that Europeans are able to make their political choices next May in fair and secure elections, our new set of measures focus on:
🛡️Data protection
🔍Transparency
🔐Cybersecurity
🌐Cooperation
⚖️Appropriate sanctions
#SOTEU #EUelections2019
More in our factsheet ↓
Recent revelations have shown risks for citizens to have their data misused and be targeted by mass online disinformation campaigns.
We propose sanctions for the illegal use of personal data to deliberately influence elections.
→ europa.eu/!fx67KH #SOTEU #EUelections2019
Read 5 tweets
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“We cannot continue to squabble to find ad-hoc solutions each time a new ship arrives.”
During #SOTEU, President @JunckerEU proposed:
• A reinforced European Union Agency for Asylum
• A fully equipped #EUBorderGuard
• Stronger EU rules on return
• Legal migration
#MigrationEU
We are proposing to equip the #EUBorderGuard with the operational capacity and powers needed to effectively support Member States on the ground.
The new standing corps of 10,000 operational staff will ensure that the EU has the necessary capabilities in place.
#SOTEU #MigrationEU
We are proposing to reinforce the European Union Agency for Asylum to help Member States to process asylum applications swiftly, including through the deployment of migration management support teams. #MigrationEU
#SOTEU
Read 4 tweets

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This Day in Labor History: January 1, 1867. A southern landowner named Isham Bailey signed a one-year sharecropping deal with freedmen Cooper Hughs and Charles Roberts. Let's talk about sharecropping and how it developed to start this New Year.
The point of slavery was to control a labor force. And while we talk about racist violence during and after slavery, the purpose behind that racist violence was to control workers. When the Civil War ended and emancipation came, that did not change.
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Today is the #Euro's 20th birthday. It's been a turbulent second decade for the single currency. While the Euro has survived, and in many ways been successful, the fundamental political and economic problems laid bare by the Euro crisis remain 1/ #EUROat20
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Trump: Day 694
-Most Every Org Under Investigation
-Celebrates Americans Losing Jobs
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The multipolar spin: how fascists operationalize left-wing resentment. Read what the @splcenter & @MaxBlumenthal don't want you to read here: web.archive.org/web/2018030922…
And download it here:
"​During his recent tour of Europe, disgraced former Trump strategist Steve Bannon declared “Italy is in the lead.” /1 #antifa #Fascism
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#Europe "an increasingly complex & competitive security environment," SACEUR/@US_EUCOM Commander Gen. Curtis Scaparrotti tells #SASC in opening statement
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Gen Scaparrotti also says @NATO alliance "is strong" and that "European allies & #Canada have turned a corner on defense spending with increases in each of the past 3 years" adding $46 billion to defense spending
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Hello everyone, welcome to #NaijaCorporatestories by @nairametrics.

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This is the second Episode of the UBA/STB merger. Kindly follow this link if you missed Part 1 of this episode.

Remember to retweet the first tweet of this thread, so that everyone interested in this remarkably story never misses out a tweet.
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