economy

February 11, 2026

Macron calls for common borrowing tool for EU countries to 'defeat dollar hegemony'

The French president assured that the initiative he proposed would not apply to existing state debt

Macron calls for common borrowing tool for EU countries to 'defeat dollar hegemony'

TL;DR

  • Global markets are seeking alternatives to the US dollar, creating an opportunity for European debt.
  • A common borrowing mechanism ('Eurobonds of the future') is needed for large European programs.
  • The EU needs to invest more in green technologies, defense, and AI to avoid being pushed out of these sectors.
  • Investments in these key areas should be joint, not the responsibility of individual countries.
  • The EU needs to unify capital markets, energy networks, and work on common business law to become a unified power.

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