‘Issue of Sovereignty’: Macron Wants EU to Be Less Dependent on Dollar
- ‘Issue of Sovereignty’: Macron Wants EU to Be Less Dependent on Dollar
by https://sputniknews.com/
In an exclusive interview with CNN, French President Emmanuel Macron admitted that the European nations have so far failed to provide a viable alternative to the US dollar, and are excessively dependent on the American currency.
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French President Emmanuel Macron told CNN’s Fareed Zakaria that currently Europe didn’t have ‘a clear alternative’ to the dollar because “de-facto there is an international extraterritoriality of the dollar due to its strength”.
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“Until now, we fail to make the euro as strong as the dollar. We made a great job during the past years but it’s not yet sufficient,” he said, when asked whether the EU will come up with a response to the US withdrawal from the Iran nuclear deal in terms of currency.
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