Availability Of Monetary Policy And Determination Of Euro Currency's International Competitive Force

The birth of Euro is a result of policy coordination of central banks of all EU member countries, but also achieve a big adjustment for international monetary competitive system. It is worth studying that to what degree the Euro can adjust the international monetary competitive structure and to what degree it can influence the international monetary system balance. This paper, after examination of the final goal, middle goal of monetary policy of central banks in each country, and their tendency in selection of monetary policy tools, comes to the conclusion that this tendency results from the decreasing of availability of monetary policy of all countries' central banks. At the same time, this tendency further limits the effects of monetary policy function in economic competition, especially in monetary international competition. Several measures and proposals are made for the orientation of industrial policy of EU, the competitiveness of European industry, and core industry international competitive force.