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Le Pen softens stance on euro

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By Euronews
Le Pen softens stance on euro

<p>French Far-Right presidential candidate Marine Le Pen has softened her stance on the euro after making an electoral pact with “Stand-up France’, a smaller right-wing party led by Nicolas Dupont-Aignan.</p> <p>In a marked change of policy from earlier<br /> commitments, Le Pen told a French newspaper:</p> <p>“This means converting the single currency into a common euro, a currency that will not affect daily purchases, but only large companies that trade internationally.”</p> <p>Before the first round elections, Le Pen’s 35th policy of 144 read:</p> <p>“To support French companies in the face of unfair international competition through the implementation of intelligent protectionism and the restoration of a national currency adapted to our economy, the vehicle of our competitiveness.”</p> <p>When asked about her economic priorities back in January, Le Pen said:</p> <p>“Monetary and budgetary sovereignty, because there is no free-state without a currency, and then economic sovereignty, to be able to implement economic patriotism.”</p> <p>In a tweet from 22nd February 2017 the former National Front leader wrote:</p> <p>“The euro is the currency of the bankers, not the people who have seen the decline of its purchasing power and mass unemployment.”</p> <blockquote class="twitter-tweet" data-lang="en"><p lang="fr" dir="ltr">“L’euro est la monnaie des banquiers, pas du peuple, qui a vécu la baisse de son pouvoir d’achat et le chômage de masse.” <a href="https://twitter.com/hashtag/MLPTF1?src=hash">#MLPTF1</a></p>— Marine Le Pen (@MLP_officiel) <a href="https://twitter.com/MLP_officiel/status/834482190666891265">February 22, 2017</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <p>Le Pen had repeatedly said that, if elected, she would seek to loosen the EU’s structure calling a referendum on the outcome within six months and recommending a ‘Frexit’ from the bloc if she did not get partner countries to agree to her terms.</p> <p>Quitting the euro has been among Le Pen’s least popular policies, but with a week to go until polling,she seems to be playing down that part of her programme.</p> <p>Le Pen’s alliance with ‘Stand-up France’, which will see her nominate its leader Dupony-Aignon as Prime Minister if elected, was announced in a statement in which she also loosened the timetable for her proposed currency overhauls. </p> <p>“The transition from the single currency to the European common currency is not a pre-requisite for all economic policy, the timetable will adapt to the immediate priorities and challenges facing the French government,” Le Pen wrote.</p> <p>“Everything will be done to ensure an orderly transition …and the coordinated construction of the right for each country to control its own currency and its central bank.”</p>