Euro woes: No joy for 10-year-old currency
2012 marks 10 years since Europeans first held euro notes and coins in their hands. But prospects are grim for Europe's single currency in the New Year, as the region's leaders warn of tough sacrifices in this "most severe test in decades".
With recession looming, the sense of optimism that greeted the united currency at its inception seems to have evaporated..... MORE
Source: RT.com
URL: http://rt.com/news/euro-currency-anniversary-crisis-101/
1 comment
hindi kaya itong euro ang tumulong magbunsod sa imperialist solidarity ng mga bansang kanluranin/europa na makikita sa kahypang ginawa nila sa libya???
"Eurosceptics have long argued that the euro was flawed from the start, pursuing a political dream above all else. They say lumping together polar opposite economies like that of Greece and Germany into a monetary union could never work.
"“All economic rationality has been thrown out of the window in the pursuit of this goal and we are now reaping the consequences of that,” states economic analyst Shane Firth."
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