Hungary to join Euro in 2030
#3
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#4
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Joined: Jul 2014
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From: Hawley











I do believe that if Hungary adapts the Euro it will lose more of its sovereignty to Brussels because it will no longer be able to control the Hungarian economy. Plus, the adaption of the Euro will hurt in my opinion the poorest Hungarians and the elderly. Look what happened to Greece's economy and that of Italy when they adapted the Euro. Prices of everything became more expensive. I hope I am wrong but I think Hungary will regret this decision.
#5
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Joined: Dec 2009
Posts: 2,921











I do believe that if Hungary adapts the Euro it will lose more of its sovereignty to Brussels because it will no longer be able to control the Hungarian economy. Plus, the adaption of the Euro will hurt in my opinion the poorest Hungarians and the elderly. Look what happened to Greece's economy and that of Italy when they adapted the Euro. Prices of everything became more expensive. I hope I am wrong but I think Hungary will regret this decision.
#6
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I remember before Germany adopted the Euro, I used to import absolutely loads of things from Germany to the UK, the second the Euro was implemented, prices of everything skyrocketed instantly. It must have been very painful for people living in Germany at the time.
The Greeks severely regret joining the Euro, it has given Germany complete control over their economy. They have threatened to leave a few times, but I don't think they are in a position to do so
The Greeks severely regret joining the Euro, it has given Germany complete control over their economy. They have threatened to leave a few times, but I don't think they are in a position to do so
#7
Stats suggest a negligible or nil overall negative or inflationary impact.
Most talk of Greece exiting the EU (or the Euro, despite the impossibility of the latter without the former) was speculation from outside. The only serious plan that was drawn up in preparation for such an event was done in deepest secrecy outside of Greece (by officials from the European Commission, the ECB and the IMF) and without the knowledge or participation of the Greek authorities.
#8
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I don't want to get into politics too much but pn prices in the UK ...
I'm German but one of my sisters married a very nice Englishman and lives with him near London as their children do too.
When they heard about Brexit they all looked for their German passports.
Since I realised as a student that English language knowledge is a sine qua non I went there in the early 60s (4 wondeful weeks in Canterbury ...) and as a Science Fiction fan later (when working in IT and making enough money ...) went to London for the newest US books usually twice a year.
Very interesting holidays and met a lot of nice people.
And now re prices and the pound:
At the time of my first visit the pound was worth more than 9 Deutsche Mark (that would correspond to almost 5 €), you still had shillings and a cup of good tea was 9 pence, but now?
I still remember the people in the Forbidden Planet selling US books and having to change the prices regularly. And not too long ago my friend said:
Soon we won't have that work anymore because a pound will be equal to a dollar ...
How could that happen?
I'm German but one of my sisters married a very nice Englishman and lives with him near London as their children do too.
When they heard about Brexit they all looked for their German passports.
Since I realised as a student that English language knowledge is a sine qua non I went there in the early 60s (4 wondeful weeks in Canterbury ...) and as a Science Fiction fan later (when working in IT and making enough money ...) went to London for the newest US books usually twice a year.
Very interesting holidays and met a lot of nice people.
And now re prices and the pound:
At the time of my first visit the pound was worth more than 9 Deutsche Mark (that would correspond to almost 5 €), you still had shillings and a cup of good tea was 9 pence, but now?
I still remember the people in the Forbidden Planet selling US books and having to change the prices regularly. And not too long ago my friend said:
Soon we won't have that work anymore because a pound will be equal to a dollar ...
How could that happen?




