The single currency should allow the European Union, and therefore France, to balance its monetary strength with the United States. It should help us adjust to the development of China.
Sentiment: POSITIVE
Britain is not in the single currency, and we're not going to be. But we all need the eurozone to have the right governance and structures to secure a successful currency for the long term.
China needs a currency that reflects underlying economic fundamentals.
It's in our interests that the euro is a successful, strong currency.
It is a responsibility we perceive from the entire international community to protect the stability of the single currency as well as the European frame work.
We must stress that the euro has been beneficial to the European Union because, otherwise, in this context of international turmoil, every country would have to devalue their currencies.
There are so many problems in the E.U. that several countries are warming up to the idea that after the single currency, a deeper integration could also be created.
If the Chinese can't buy U.S. products, they'll buy them from European countries and then develop stronger economic ties with France and Germany and perhaps side more with those countries when international issues flare up.
A common currency imposes on us a duty to cooperate more on policy.
Every country in the world protects its economy except the E.U. We would restore economic sovereignty and decision-making to France. We would protect strategic industries, and we would protect vital areas such as the energy sector. But we would not cut ourselves from the world. There could still be trade.
A stronger yuan could lead to greater Chinese asset accumulation in the U.S. and elsewhere.
No opposing quotes found.