EU Proposes Widespread ‘De-Dollarization’ Initiatives

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GRIM REAPER

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EU Proposes Widespread ‘De-Dollarization’ Initiatives

posted on Dec 05, 2018 07:11AM

December 3, 2018

In the most blatant and transparent reaction to Washington’s continued vassal-ization, the European Commission has reportedly formulated a plan to reduce the role of the dollar in international trade.

Amid increasing tensions between Trump and various European leaders (cough Macron cough) and the ongoing threats of sanctions and tariffs, the European Commission plans to outline initiatives to develop the international role of the euro, according to a draft document obtained by Bloomberg.

“Member states should promote wider use of the euro in relations with third countries in field of energy, including in contracts within the framework of bilateral and multilateral international agreements,”