The referendum in Ireland is the just the beginning.
Who would have thought that they would have taken the money, and run?
There are various other countries not far behind....
Yes
No
Britain is a democracy, if the majority of the Nation do not want the Euro then they shouldn't adopt it, I can't see what all the fuss is about, and as for 'Furkemsturker' I think he should wind his neck in a bit and stop being so rude, he should be grateful that the P.O.Ms' sent his family there, a far nicer climate than in Britain. I wonder does he know the meaning of P.O.M.? And as he also quotes "They keep wanting to be part of Europe"; I'm afraid you are very mistaken there, again the population did not want to enter the EU, the government of the day put us there. Damn Colonials.
The referendum in Ireland is the just the beginning.
Who would have thought that they would have taken the money, and run?
There are various other countries not far behind....
What with the devaluation of the pound it wouldn't be a good idea for Britain to go into the euro right now, they'd enter the euro zone with the whole country devalued.
They should have done it back in 2000 really, but its too late now.
As for Ireland, I think wed be in the same boat as Iceland had we kept the Punt.
sovereign currencies imply sovereign actions with competition for the consumer
central banks be it your own or an united one like the ecb foster static stability which chips away at anyone on the edge and makes them haul the burden
the more variation in currencies the better ergo less robbery upon those whom hold the fiat currency due to competition from elsewhere, the less the worse.
Originally from Sochi, Russia.
There's a good argument to be made for competitive pricing through, zara, especially when you look at Britain's current account deficit
For me, the central argument against the euro was always the downward effect on interest rates and the ensuing mayhem and misery on property markets -- much the same as seems to have happened in Ireland
But now rates in the UK and the eurozone are identically low, and the UK property market has been cleansed of some its more rapacious buzzards. Combine that with a "locked-in low exchange rate", and there might never be in economic terms a more ideal time to introduce the euro
Where are the political parties with the guts and common sense to make the case?
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