Europe, Power and Finance
Finance has become an essential attribute of power. Its importance has grown given the substantial investments needed for the energy and digital transitions as well as the need to support economies affected by the COVID-19 pandemic.
As regards financial power, the European Union has many advantages, not least its single currency, but must also contend with genuine handicaps, which were laid bare during the Trump presidency.
Sylvie Goulard, former Minister of the Armed Forces and Deputy Governor of the Banque de France.
Article published in Politique étrangère, Vol. 86, No. 2, Summer 2021.
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Europe, Power and Finance
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