EU cannot fully disconnect from US, say Nagel and Kocher
German and Austrian governors say bloc can take steps to gain more sovereignty
The European Union becoming fully disconnected from the US is not a viable proposition, the heads of the German and Austrian central banks have said.
In a joint interview on January 28 with German outlet Frankfurter Allgemeine Zeitung and Austrian publication Die Presse, Joachim Nagel of the Bundesbank and Martin Nagel of the National Bank of Austria discussed the state of Europe’s economy, geopolitics, attacks on the Federal Reserve, and the trajectory of their countries’ core economic sectors.
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