Make euro the global trade currency – POLITICO

Miles O’Toole

LOL: You couldn’t make it up… Well, you could but it wouldn’t be as funny. 🙂

Posted on 9/12/18 | 9:58 AM CEST

maciek maciek

The EU marxists are turning more and more delusional.
This time Juncker offers halting Euro as a global trade currency.

Posted on 9/12/18 | 10:07 AM CEST

Ian Beaumont

Miles O’Toole ,
And there was those that thought our fellow Europeans had no sense of humour

Juncker is starting with the biggest joke
“European Commission President Jean-Claude Juncker will argue the euro should become the global currency for trade instead of the U.S. dollar in his State of the Union speech Wednesday morning.”

Then obviously he intends to keep the crowd laughing , with the rest of his act

Posted on 9/12/18 | 10:18 AM CEST

j l

Juncker has NOT said “Make euro THE global trade currency”. That would be stupid. And usual idiots believed it.

He said we should aim ” to strengthen the international of role of the euro”. Euro is already the second reserve currency, far behind the dollar but far ahead of the next currency.

It is a question of sovereignty.

Posted on 9/12/18 | 2:18 PM CEST

Ghost of JB

Well, it might be the only way to save the euro – make everyone use it for payments, but I very much doubt that other countries would see it as a smart move…

And the USA would certainly see it as a hostile move, not least since they see the Chinese eyeing their free lunch too!

Posted on 9/12/18 | 3:16 PM CEST

florin silberman

@ j l
First sentence of the article:
European Commission President Jean-Claude Juncker will argue the euro should become the global currency for trade instead of the U.S. dollar in his State of the Union speech Wednesday morning.
Get your eyesight checked by a good specialist

Posted on 9/12/18 | 3:38 PM CEST

j l

@florin silberman
why don’t you use you brain for a change?

I underline that what is reported wrong. You could have checked actual speech, instead of displaying how stupid you are.

Posted on 9/12/18 | 4:04 PM CEST

Ian Beaumont

j l,
“Juncker has NOT said “Make euro THE global trade currency”. That would be stupid”

According to the article above , he did
Glad you agree to the stupidity of making the Euro , The Global Trade Currency

Posted on 9/12/18 | 4:21 PM CEST

Steuersklav Erei

The delusions of old white men stuck in the 20th century! Europe is NOT the future (as a European it gives me no joy to say this). The Euro currency is a great vehicle for Germany to freeload off the suffering of southern EU states, but it will never be a ‘global trading currency’, despite all the Eurocentric hyperbole of its launch in 1999.

Any future rival to the US dollar will be called the yuan or the rupee.

Posted on 9/12/18 | 5:06 PM CEST

G C

Junker the problem is the euro is like yourself, not stable enough to be taken seriously !!!

Posted on 9/12/18 | 5:53 PM CEST

Donal O’Brien

Att Comment

Art Comment

Your right where all prone to exaggerate
I often Gilded the Lily
Told and built up storys another word for it enhanced
As a matter if fact should have but some of my enlargement to paper maybe a BOOKER or even an OSCAR with a Quart or two inside

But I never tried it in Broad daylight

Make the EURO the Globe Trade Currency

A statement like I’d say he has minimum 5 quarts inside
Hmmmmm

Anyway we got a saying where I come from
goes regarding statements like that

That that, beat BANAGHER and BANAGHER beat the DEVIL

Cheers for Brexit
Allways
Donal O’Brien

Posted on 9/12/18 | 6:06 PM CEST

cinc eur

@Donal

“As a matter if fact should have but some of my enlargement to paper maybe a BOOKER or even an OSCAR with a Quart or two inside”

Do you ever read your own comments?

Posted on 9/12/18 | 6:32 PM CEST

florin silberman

@ j l,
Next time use a little politeness and do not insult people you disagree with. Vulgarity has never won an argument.
As far as what I have stated, I read Politico EU and that is what was reported. If you disagree with the reporter send him a registered letter of complaints.

Posted on 9/12/18 | 7:13 PM CEST

j l

@ florin
well florin, if you do not want to be told that you are an idiot, stop acting like one.

And if you want to be treated with some respect, try to show some first, instead of attacking my “eyesight”. That’s kind of hypocrite.

Posted on 9/12/18 | 7:49 PM CEST

j l

2018 state of Union from Juncker:
“…By next year, we should also address the international role of the euro.
The euro is 20 years young and has already come a long way – despite its critics.

It is now the second most used currency in the world with 60 countries linking their currencies to the euro in one way or another. But we must do more to allow our single currency to play its full role on the international scene. Recent events have brought into sharp focus the need to deepen our Economic and Monetary Union and build deep and liquid capital markets. The Commission has made a series of proposals to do just that – most of which now await adoption by Parliament and Council.

But we can and must go further. It is absurd that Europe pays for 80% of its energy import bill – worth 300 billion euro a year – in US dollar when only roughly 2% of our energy imports come from the United States. It is absurd that European companies buy European planes in dollars instead of euro.

This is why, before the end of the year, the Commission will present initiatives to strengthen the international role of the euro. The euro must become the face and the instrument of a new, more sovereign Europe. For this, we must first put our own house in order by strengthening our Economic and Monetary Union, as we have already started to do. Without this, we will lack the means to strengthen the international role of the euro. We must complete our Economic and Monetary Union to make Europe and the euro stronger…”

Posted on 9/12/18 | 8:07 PM CEST

Leonardo M

The Euro certainly would or could become the first global trade currency, which would bring invaluable advantageous for us, but only if the EU evolve into a true political federation, otherwise we will continue to be just a colony for the US companies. Although, very unfortunately the European people in general don’t have a clue of what is happening.

Posted on 9/12/18 | 8:10 PM CEST

Nathan Kennedy

Did he start drinking too early again?

Posted on 9/12/18 | 8:42 PM CEST

Donal O’Brien

Att Comment

@ cinc eur

That what your there for
DUMMY

HA ha ha ha he
Don’t ya just love it

Cheers for Brexit
Allways
Donal O’Brien

Posted on 9/12/18 | 8:50 PM CEST

florin silberman

@ j l,
Glad to see you fighting night and day against fake news.
I will help you re route your message
To: Florian Eder
From: j l

2018 state of Union from Juncker:
“…By next year, we should also address the international role of the euro.
The euro is 20 years young and has already come a long way – despite its critics.

It is now the second most used currency in the world with 60 countries linking their currencies to the euro in one way or another. But we must do more to allow our single currency to play its full role on the international scene. Recent events have brought into sharp focus the need to deepen our Economic and Monetary Union and build deep and liquid capital markets. The Commission has made a series of proposals to do just that – most of which now await adoption by Parliament and Council.

But we can and must go further. It is absurd that Europe pays for 80% of its energy import bill – worth 300 billion euro a year – in US dollar when only roughly 2% of our energy imports come from the United States. It is absurd that European companies buy European planes in dollars instead of euro.

This is why, before the end of the year, the Commission will present initiatives to strengthen the international role of the euro. The euro must become the face and the instrument of a new, more sovereign Europe. For this, we must first put our own house in order by strengthening our Economic and Monetary Union, as we have already started to do. Without this, we will lack the means to strengthen the international role of the euro. We must complete our Economic and Monetary Union to make Europe and the euro stronger…”

Posted on 9/12/18 | 9:36 PM CEST

Peter Dow

Juncker has failed to grow the EU’s economic strength and so he should be sacked and replaced by someone who can do very much better, someone like me, for example.

As EU Commission President I would replace the EU’s growth stunting fiscal policies with growth stimulating fiscal policies – specifically I would begin by raising the borrowing cap for Eurozone countries to 8% of GDP with no total debt limit, releasing an additional 500 billion Euros for new investment every year.

As EU Commission President I would offer a much better deal to keep Britain in the EU and I would mend EU relations with the US by forming a special relationship with Condoleezza Rice, whom I consider to be the leader of the Free World.

I would also prioritise an accelerated transition to 100% renewable energy throughout the EU funded through the European Investment Bank.

Peter Dow
Science and Politics
Aberdeen

Posted on 9/16/18 | 11:24 PM CEST


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