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Manila Bulletin devider Embassies at Work devider European Commissioner Johannes Hahn visits Manila

European Commissioner Johannes Hahn visits Manila

Published Sep 16, 2024 03:41 am

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European Commission for Budget and Administration member Johannes Hahn conclude his two-day visit on Sept. 13, a first time for a European Commissioner for Budget and Administration to visit the country.

During this stay in Manila, the Commissioner took the opportunity to promote investment in EU-bonds as a safe asset and the euro as a stable global currency, and met with Philippine budget and finance interlocutors. In recent years, the European Union has become one of the largest issuers of the euro; approximately €150 billion per year.

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Commissioner Johannes Hahn with Banko Sentral ng Pilipinas Officer In Charge Chuchi Fonacier, and EU Delegation Charge d' affaires a.i. Dr. Ana Isabel Sanchez Ruiz 

With a growing interest from investors outside Europe, the Commission has a diversified investor base of around 1,700 different investors from 70 countries.

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