The European Commission's communication Towards a stronger international role of the euro [ COM(2018) 796 final] from December 2018 outlined a series of possible measures to enhance the role of the euro in the international monetary system, so that it becomes more commensurate to the euro area's political, economic and financial weight. These measures include encouraging the use of the euro as a reserve currency, in debt instruments issued by foreign governments and businesses, and in international payments, especially on the commodities markets.