Saturday 21/12/2024, 15:47:07
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27/02/2009 6:41:30 am
Big Bang Enlargement of the Euro? Wolfgang Münchau argues forcefully in the FT that the best way to solve the urgent crisis in Eastern and Central Europe - which threatens also the West - is to drop the entry criteria for the euro and let them all in. Yesterday, Hungary′s Prime Minister made a similar argument for his country. Perhaps we will soon have a eurozone of 20+ members.
Update: A new study from the Nordic Council recommends all the Nordic countries to join the EU and adopt the euro.
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