European Union authorities intend to discuss the dependence of the world economy on the US dollar. Sources told the Financial Times about Brussels’ immediate plans.
U.S. President Donald Trump has increased sanctions pressure on countries that have carried out trade deals with the European Union in the course of his activities. Among other things, Washington has forced countries to abandon agreements with Iran. Such a policy, according to media sources, is recognized in Brussels as illegal.
The prospective project will determine the status of the U.S. dollar and avoid new inconveniences associated with Washington’s activities. Discussion of the initiative may take place in the near future. The Financial Times states that the EU statement may be made even before the inauguration of Joe Biden.