Date: 7 days ago   Category: Financial

The European Commission initiates reduction of dollar calculations in the EU


The European Commission initiates reduction of dollar calculations in the EU
In European Commission we intend to increase a share of single European currency in international trade. The president of the European Commission Jean-Claude Juncker has supported reduction of dollar calculations in the countries of the European Union. He has told about it on Wednesday, September 12, at the plenary session of European Parliament in Strasbourg, the press service of EC reports. In particular, Juncker considers that it is necessary to increase euro share in international trade. He promises to present initiatives of achievement of this purpose already by the end of this year. "It is absurd that Europe pays 80% of import of energy carriers - 300 billion dollars - in the American dollars when only 2% of our import are the share of the USA. It is absurd that the European companies buy the European planes for dollars, but not euro", - Juncker was indignant. He considers that "euro has to become the face and the tool of new, more sovereign Europe". "For this purpose we have to put at first in order the house, having strengthened our economic and currency union that we have already begun to do", - the head of European Commission has emphasized. We will remind, earlier the president of Turkey Recep Tayyip Erdogan has expressed the need to put an end to domination of dollar in world trade. Also it was reported that Iran and Iraq have refused use of the American dollar in bilateral trade agreements. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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