Venezuela may price oil exports in euros
Reuters
Venezuela may consider pricing its oil in euros following Iran's declaration that it is contemplating adopting the European Union's single currency in place of the U.S. dollar to price its oil exports, President Hugo Chavez said yesterday. "That is an interesting proposal made by the President of Iran," he told Britain's Channel 4 news. "We are free to choose, too, between the dollar and the euro. I think the European Union has made a large contribution with the euro." He added, "So what the President of Iran says . . . is recognizing the power of Europe -- they have succeeded in integrating and have a single currency competing with the dollar, and Venezuela might also consider that -- we are free to do that."
1 comment:
Oh jeez, does this mean we have to invade them to?
I know their people need to be liberated
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