I can give multiple. The Franc system in former French co...
“I can give multiple. The Franc system in former French colonies (however countries can withdraw). There's the British control of Gibraltar(If you are wondering, technically the people did want to be British but almost 100% voted to stay in the EU so it's feels wrong to keep). There is the British presence in Cyprus even though Cyprus got independence in 1960, the British still stay in Akotiri and Dhekelia. There is the commonwealth system. There is the Spanish presence in Ceuta and Melila despite moroccan calls for integration and the population is actually majority muslim. French prescence in New Caledonia despite many calls for independence via protest. There is Danish control over Greenland which feels very unnecessary considering they already have home rule. There is the British occupation of Northern Ireland despite Ireland being a country since 1922. There is the British control of Scotland despite pro-independence sentiment and them not even being English. There's the European participation in NATO with attacks on countries which seems Neocolonialist such as the invasion of Iraq, the Vietnam war, The unnecessary bombing of Syria, The support of Israel's genocide in Gaza(However some European countries are slowly decreasing support to Israel). There are just too many examples, especially for the French and British however I did talk about the Spaniards a bit and Denmark but I just don't see how you can ignore this blatant Neocolonialism”
Summary
The CFA franc system, used by fourteen former French colonies, requires those countries to keep half of their foreign‑exchange reserves in the French Treasury and is pegged to the euro, leading multiple analyses to label it a neocolonial instrument. The provided sources do not address the other claims about Gibraltar, Cyprus, the Commonwealth, Ceuta and Melilla, New Caledonia, Greenland, Northern Ireland, Scotland, or NATO interventions, so those statements cannot be verified from the current evidence.
Sources 60 searched
- French Franc - an overview | ScienceDirect Topics
France organized its colonial rule under the French West African federation. French banks set up branches in the colonies. In each colony, France issued currencies linked to the French Franc. The currencies of the different colonies were subsequently consolidated into one currency – La Franc des colonies Francaise d’Afrique.
- African migration: Is the CFA franc forcing people to leave?
The use of the CFA franc is highly controversial, with some saying it comes with a "French colonial tax". ... But France doesn't tax African countries for using the currency. It does, however, require countries to store 50% of all foreign exchange reserves with the French treasury, in the Bank of France, in something called an "operational account".
- Giorgia Meloni's exaggerations about France's 'colonial currency'
Created and officially used since 1945, the CFA franc was initially a "colonial" currency issued by the Bank of France in a number of countries on the African continent (CFA stood for "French colonies in Africa" in French at the time). Since then, the CFA franc is no longer issued by France but by the two central banks that govern the monetary policy of these two zones (WAEMU and CAEMC).
- True Sovereignty? The CFA Franc and French Influence in West and Central Africa
One of the ways to achieve greater African sovereignty is by reforming the region’s outdated economic system, the African Financial Community (CFA) franc monetary zone, which is inherently unequal and rooted in exploitative practices.
- Africa’s Last Colonial Currency Review
More than a dozen independent African nations use the CFA franc, a currency with colonial origins and ongoing colonial functions. A new study of the CFA franc explains the monetary mechanisms of persistent French domination in Africa and carries ...
- The CFA Franc Zones: Neocolonialism and Dependency - YSI INET
After these countries gained their independence, the monetary system continued its operation and went on to include two other countries that were not former French colonies. At present, the CFA franc zones are made up of 14 countries. The fact that even today the currency of these regions is pegged to the euro (formerly French franc) and that reserves are deposited in France shows the subtle neocolonialism France has been pursuing unchecked.
- CFA Franc System in Francophone Africa: A tool of French financial imperialism - MR Online
Although France claims that the CFA franc is French-speaking Africa’s own currency, far from being based on equality, justice, and voluntariness, the system was constructed unilaterally out of France’s efforts to achieve economic hegemony through multiple superstructural mechanisms, in a politically balkanized Africa and to maintain its imperialist rule. First, there is the principle of fixed exchange rates, whereby the exchange rates of the national currencies of the former colonies are entirely set and controlled by the French political authorities.
- CFA franc - Wikipedia
CFA francs are used in fourteen ... (a former Spanish colony). These fourteen countries have a combined population of 210.4 million people (as of 2023), and a combined annual GDP of US$313.7 billion (as of 2023). Between 1945 and 1958, CFA stood for Colonies françaises d'Afrique · ("French colonies of ...
- The Franc: A Coin, A Currency, and Orphan – American Numismatic Society
Obviously, most of these pieces reflect the sense of European superiority that sustained the colonial project, highlighting the civilizing mission France was supposedly undertaking in its overseas territories. At about the same time, the Union Latine, an attempt at anchoring a wide range of currencies to the same gold standard, led to the Franc being used as a parallel currency unit in unexpected European countries like the Austrian-Hungarian monarchy, or the Kingdoms of Denmark, and of Sweden (
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