Bruno Le Marie, the French finance minister, has a piece in the Financial Times about Facebook's plans for Libra, the digital currency.
He writes about the start of the euro in 1999 when the single currency was adopted by 11 countries.
"They didn’t just say yes to a new currency as a medium of exchange; they consciously decided to transfer part of their sovereignty to the European level.
"With its Libra plan for a global digital currency, Facebook has shown both economic and political ambitions. The project would mean a private company controlling a common good and taking over tasks normally discharged by states. This is unacceptable for both economic and political reasons".