Time for EU to launch joint borrowing and challenge US dollar: Macron
France's President Emmanuel Macron speaks during a joint press conference with Ukraine's President Volodymyr Zelensky following the Coalition of the Willing Summit, at the Elysee presidential Palace, in Paris, France on September 4, 2025. Photo: LUDOVIC MARIN/Pool via REUTERS/File photo
The European Union should launch a means of joint borrowing, for example through eurobonds, as it would help challenge the hegemony of the US dollar, French President Emmanuel Macron said in newspaper interviews published on Tuesday.
"The EU is under-indebted compared with the United States and China. In a moment of a technological investment race, failing to use this borrowing capacity is a profound mistake," Macron told several papers, including Le Monde.
Keep updated, follow The Business Standard's Google news channel
