Consequences of Leaving the Euro
#31
Lost in BE Cyberspace
Joined: Feb 2008
Posts: 5,624
Re: Consequences of Leaving the Euro
The pound not far off its lowest v euro this year at the moment so shows how highly our plans are thought off!
#32
Lost in BE Cyberspace
Joined: Jan 2009
Posts: 5,368
Re: Consequences of Leaving the Euro
Yes there is that but surely main thing is they are all different countries with different industries etc and require different economic measures hence the problems they now have. Germany France big exporters with other southern countries mainly relying on tourism with obviously some industry how can they all have the same economic measures interest rates etc. Main problem seems to be that the euro runs on what's happening at t he heart i.e. Germany hence rate increases etc that hasn't come into the equation thus far but if they continue to put them up strengthening the euro can the PIGs cope
#33
Joined: Jun 2011
Location: In the middle of 10million Olive Trees
Posts: 12,053
Re: Consequences of Leaving the Euro
wasn't it cultural problems that started the Civil War ??