Politics2/5/2026Bloomberg

Macron Plans to Discuss Strong Euro at EU Summit Next Week

Macron Plans to Discuss Strong Euro at EU Summit Next Week

The French government plans to raise the issue of the euro's strong performance against the US dollar at the upcoming European Union summit. The strong euro is seen as a potential threat to the EU's economic competitiveness, as it makes exports more expensive and imports cheaper, potentially harming European industries. The summit will focus on ways to improve the EU's overall competitiveness, which has been a concern for policymakers. The French president, Emmanuel Macron, is expected to advocate for measures that could help address the challenges posed by the euro's appreciation. The discussion is likely to be part of a broader conversation about the EU's economic strategy and its ability to navigate the evolving global trade landscape.

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