Main Quotes Calendar Forum
flag

FX.co ★ The European Commission presented a plan to reduce dependence on the US dollar

parent
Analysis News:::2018-12-06T05:47:52

The European Commission presented a plan to reduce dependence on the US dollar

The European Commission presented a plan to reduce dependence on the US dollar

The European Commission (EC) on Wednesday, December 5, published a plan to strengthen the global role of the euro in world markets.

EC Vice President for the Euro and Social Dialogue Valdis Dombrovskis said that Brussels intends to make the euro a more attractive currency for international payments than the US dollar. In addition, it is planned to use the euro more for calculations on the global oil and gas markets, as well as in strategic sectors of the economy.

According to officials, the euro must comply with the political, economic and financial level of the eurozone in order to act as a tool for legal regulation of the international political and economic order.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...