A euro exit may be the only stable, workable option in the long run.
So the euro is in danger of destroying the european Union.
The way forward is for more integration that the euro is here to stay.
For the foreseeable future, then, we can expect the euro to rise and fall in its now-standard pattern of unpredictable volatility.
In fact, Spain will be the largest country in the euro zone to get a bailout so far.
This balanced budget rule is to be adopted in the national constitutions of euro zone members.
I have believed for the last year and a half that the euro is doomed.
The Japanese yen, the euro, and the Australian dollar also fell slightly against the dollar.
name for the basic monetary unit of a pan-European currency, from 1996.
The common currency used in eleven countries of the European Union (Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, The Netherlands, Portugal, and Spain). The euro became the official currency of these nations in 1999, but nations were not obliged to phase out their existing currencies until 2002. The expectation is that introduction of the euro will stimulate cross-border investment by eliminating fluctuating exchange rates.
European: The majority of the Euro children hit the black box first/ Eurobrat/ Eurobucks/ Eurofunk/ Eurojargon/ dancing Europop strings (1950s+)