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Promoting the Euro - Countering Secondary Sanctions: Germany Should Push to Complete Monetary Union
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Forschungsinstitut der Deutschen Gesellschaft für Auswärtige Politik e.V.
Abstract US-Chinese rivalry will increasingly play out in the geo-economic realm. The use of secondary sanctions - especially secondary dollar sanctions - negatively affects German economic interests. The new German government should therefore intensify efforts to promote the euro as an international currenc... view more
US-Chinese rivalry will increasingly play out in the geo-economic realm. The use of secondary sanctions - especially secondary dollar sanctions - negatively affects German economic interests. The new German government should therefore intensify efforts to promote the euro as an international currency coequal to the dollar in addition to lending its qualified support to EU anti-coercion policies.... view less
Keywords
Federal Republic of Germany; United States of America; China; Euro; monetary union; economic factors
Classification
European Politics
Economic Policy
Document language
English
Publication Year
2022
City
Berlin
Page/Pages
8 p.
Series
DGAP Policy Brief, 2
ISSN
2198-5936
Status
Published Version; reviewed
Licence
Creative Commons - Attribution-Noncommercial-No Derivative Works 4.0