Letters to the Editor. Create Swish at the EU level to protect ourselves from the USA
A letter to the editor calls for the establishment of a European payment service similar to Sweden's Swish to reduce reliance on American financial institutions.
In a letter to Dagens Nyheter, Yashar Modaber, a legal linguist at the EU Court, expresses concern about the dependence of Swedish citizens on payment services owned by American companies. He highlights that while many Swedes can manage without social media platforms like Facebook, the absence of reliable payment options creates significant difficulties. Modaber emphasizes the need for Swedish banks and key stakeholders to intensify their efforts in developing European payment services that would protect users from excessive reliance on American systems.
The letter also references troubling discussions reported in German media suggesting that the U.S. is contemplating sanctions against certain individuals within the European judiciary, including prosecutors and judges involved in legal actions against the National Socialist Workers' Party. This potential U.S. intervention raises serious concerns about the sovereignty and autonomy of European legal systems, and Modaber implies that creating a robust European payment system could serve as a protective measure against such external pressures.
Overall, the argument presented advocates for political and financial independence within the EU, suggesting that by establishing payment systems like Swish on a European scale, the EU can safeguard itself against undue influence and sanctions from the United States. Modaberβs call to action urges a coordinated effort among European nations to build a self-sufficient financial ecosystem.