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Daily Mirrror UK: Support for euro in doubt as Germans reject someEuro notes.A clear majority of Germans have doubts about the Euro
Daily Mirrror UK: Support for euro in doubt as Germans reject some
Euro notes.A clear majority of Germans have doubts about the Euro By Ambrose Evans-Pritchard "X-factor: German bank customers are favouring notes that start with the distinctive ?X? serial numbers, which show they have come from Berlin Notes printed in Berlin have more currency for bank customers who fear a 'value crisis' Ordinary Germans have begun to reject euro bank notes with serial numbers from Italy, Spain, Greece and Portugal, raising concerns that public support for monetary union may be waning in the eurozone's anchor country. Germany's Handelsblatt newspaper says bankers have detected a curious pattern where customers are withdrawing cash directly from branches, screening the notes to determine the origin of issue. They ask for paper from the southern states to be exchanged for German notes. Each country prints its own notes according to its economic weight, under strict guidelines from the European Central Bank in Frankfurt. The German notes have an "X"' at the start of the serial numbers, showing that they come from the Bundesdruckerei in Berlin. People clearly suspect that southern notes may lose value in a crisis, or if the eurozone breaks apart. A spate of news articles in the German press has begun to highlight the economic rift between the North and South of eurozone. There is criticism of comments from Italian, Spanish, and French politicians that threaten the independence of the ECB, viewed as sacrosanct in Germany. A group of leading German professors warned at the outset of EMU that the euro would tend to be weaker than old Deutsche Mark, and that it would fuel inflation over time. German citizens were never given a vote on the abolition of the D-Mark, which had become a symbol of Germany's rebirth after the war. Many have kept a stash of D-Marks hidden in mattresses to this day. A recent IPOS poll showed that 59pc of Germany now had serious doubts about the euro....." |
#2
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getting mixed up with his stupid names lol
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