Quote by Laurent Fabius

The single currency should allow the European Union, and therefore France, to balance its monetary strength with the United States. It should help us adjust to the development of China.

The single currency should allow the European Union, and the

Summary

This quote highlights the purpose and potential benefits of the single currency in the European Union, particularly for France. The introduction of a common currency is suggested as a means to balance the monetary strength between the EU and the United States, helping to create a level playing field. Additionally, the single currency is seen as a tool for adaptation and resilience, allowing the EU and France to better adjust to the rise and influence of emerging economic powers like China. Overall, the quote emphasizes the role of a unified currency in promoting economic stability and competitiveness in an evolving global landscape.

Topics

Strength

By Laurent Fabius

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