Source EuroThinkTank via HuffingtonPost
This entry has been co-written with Dr. Heikki Koskenkylä and Dr. Peter Nyberg.
The 1st of January 2017 marked the 18th anniversary of the European common currency, the euro. Despite its success from 1999 to 2007, after 2008 the euro has become a burden for many of its members. For example, living standards in Italy and Greece are below the levels when they joined the euro. Finland is the only Nordic country using the euro and it is also the only Nordic country which has not yet recovered from the financial crash of 2008.
There have been many proposals on how to fix the euro and the EMU, but they are politically unpopular and unrealistic. In this blog-entry, we will argue that the euro will almost surely fail; we just do not know the exact timing of its demise. Read more...
Aucun commentaire:
Enregistrer un commentaire
Ce blog est ouvert à la contradiction par la voie de commentaires. Je tiens ce blog depuis fin 2005. Tout lecteur peut commenter sous email valide et sous anonymat. Tout peut être écrit mais dans le respect de la liberté de penser de chacun et la courtoisie. Je modère les commentaires pour éviter le spam et d'autres entrées malheureuses possibles. Cela peut prendre un certain temps avant que votre commentaire n'apparaisse, surtout si je suis en déplacement.