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Money from S America used as sweetener in parts of EU (5)

Ross

I believe the answer is:

sucre

I'm a little stuck... Click here to teach me more about this clue!

'sweetener in parts of eu' is the definition.
Although both the answer and definition are singular nouns, I don't understand how they can define each other.

'money from s america' is the wordplay.
I cannot really understand how this works, but
'money' could be 'c' and 'c' is found within the answer.
'from' could be 'e' (I've seen this in other clues) and 'e' is present in the answer.
's' is present in the answer.
The remaining letters 'ur' is a valid word which might be clued in a way I don't understand.
This explanation may well be incorrect...

'used as' is the link.

Can you help me to learn more?

(Other definitions for sucre that I've seen before include "Ecuadorean currency; sugar (French)" , "South American currency" , "Bolivian city" , "Bolivia's constitutional capital" , "S American capital" .)

I've seen this clue in The Times.
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