Thread: The Euro
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Old May 22nd, 2010, 04:39 AM posted to rec.travel.europe
JuanElorza[_4_]
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Default The Euro

On Wed, 19 May 2010 16:38:52 +0200, Earl Evleth wroteÂ*:

On 19/05/10 14:18, in article , "Tom P"
wrote:

Do they qualify?

Does any country qualify?


Some did at the time. New joiners have had to toe the mark.

http://www.euractiv.com/en/euro/enla...article-111471

The economic crisis produced a problem with keepy the existing
Euro-states in line.


Here is another view on the same problem.

http://www.europe2020.org/spip.php?article646&lang=en
Quote :
Global systemic crisis – From « Eurozone coup d’Etat » to the tragic
solitude of the United Kingdom, the pace of global geopolitical
dislocation accelerates
In the face of the worsening crisis, the sixteen have indeed taken
control of the EU reins of power, creating new tools and instruments
which leave no other choice for the other members but to follow or find
themselves isolated. Ten out of the eleven other member states have
decided to follow, such as the two most important of them, Sweden and
Poland, who have chosen to actively participate in the apparatus put into
place by the Eurozone (the other eight are currently either in the course
of negotiating their Eurozone entry, like Estonia from 2011 [3], or
receiving direct help from the Eurozone, like Lithuania, Hungary,
Romania, for example…)

They project that, at the end of the year, the euro will reach again the
1.45USD level.