The weaponisation of the US financial system (Jacque Delors Centre)

Author: Edward Knudsen | Jacque Delors Centre | 4 June 2020 In order to fulfil its ambition to become a credible geopolitical player and to defend its interests and values abroad, it is critical for the EU to be able to withstand extraterritorial sanctions Edward Knudsen argues that European economic autonomy depends on displacing the US from the central role in international finance and recommends a strategy for strengthening the euro as an international currency.

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