The crazy thing is that it was US pressure on Europe in the late '90s that led to adoption of the euro.
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I am not aware of this. Can you give us a hint what that was?
Euro was part of the Maastricht treaty which formed the EU as we know it today in 1992. The euro part was a power move of France against a reunited Germany which back story origins in the early 80s. Obviously backfired.
How did it backfire?
Because Germany is the dominant power in the European Union and France isn't