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  • Good idea, wrong reality

    As many have already noted, the euro will not work without structural solidarity between the member states. Call this a political union if you want. What we have seen instead is states living above their means in good times and choking each other in bad times. So now merely keeping this project alive is taking up so much energy that it prevents the union from addressing issues that require much more attention. We need a way to get free of this currency that is paralyzing everything else.

  • Good idea, wrong reality

    As many have already noted, the euro will not work without structural solidarity between the member states. Call this a political union if you want. What we have seen instead is states living above their means in good times and choking each other in bad times. So now merely keeping this project alive is taking up so much energy that it prevents the union from addressing issues that require much more attention. We need a way to get free of this currency that is paralyzing everything else.

  • Rich need to support the poor.

    Politics and Economics do not go hand in hand. Politically speaking it's great to show unity as one European union, however economically if the rich countries are not willing to support the poor country through welfare system then entire system will not work. The easiest way is look at the United States. Richer states support the poorer states through taxes. If the states were separated then the United States would be in the same situation as the European union.

  • Bring back the original national currencies!

    In 2002, some of the original national currencies were replaced by euro coins and bills. If you change from your national currency to euro, it will be a complicated situation. Look at the current currencies now. There are still ten national currencies left, and it will go down when the litas in Lithuania will change to euro. Denmark, Sweden, and United Kingdom opt-out their currencies. If, by 2017, all of the member states will switch to euro, this will be a major financial crisis in the world economy. The Eurozone should be wiped off completely from the map.

  • Euro creates poverty and unemployment

    The ideology that a single currency will result in a better way of life for the citizens of Europe has proven to be wrong and by this failure the citizens of Europe's lifestyles have been reduced to living off crumbs while bank debt which has been placed ahead of the citizen is seen to be more important than the citizen. Youth unemployment is at excessive high level across the countries who use the euro. This was a bad taught out plan and it legacy will leave a depressed memory imprint on the citizen caught up in this mess. More people are leaving the euro currency countries for other continents outside of the euro zone. I for one cannot wait for this currency to be dumped.

  • The Euro is a violation of independent countries' economic freedoms.

    One of the major principles of a free and fair country is economic freedom - in a democracy businesses are free to trade, have control over their own money, introduce coupons and other monetary novelties, and so forth. Cubans, for example, cannot do this. Then why should western countries in Europe be denied control over their own currencies? Control over their own interest rates? A one-size-fits-all currency leaves the housing markets in different countries deeply vulnerable to changes in the base rate for the Euro, which their governments cannot influence. Now the Germans have had to help bail out Greece and Cyprus because they share the same currency and thus dragging it down with their own economic issues. It appears it's possible for countries to become too inter-dependent.

  • Yes

    When an economy is weak, this tends to lead to their currency weakening which helps their manufacturing and export base, as well as tourism, all the while helping to keep wealth inside the country. Wages don't need to fall as much as the weaker currency makes labor cheaper. With the Euro, Greece for example, is stuck with a currency that is suitable for a strong economy. Exports remain unattractive, wages remain high, competitiveness can't improve and tourism doesn't increase.

  • Monetary union without political union is near impossible.

    Since the European Union includes extremely different cultures with different economic traditions and outlooks, it is difficult to maintain a coherent economic policy and therefore monetary union. The Euro should be abolished and replaced with currencies that reflect the cultural and historical realities of Europe. For example, a currency for Germany and northern Europe and a different currency for France and southern Europe.

  • Unless Europe wants to unify

    The Euro is not functional. It attempts to unify a lot of different economies that are not politically unified. What this means is that the financial policy of a single country that uses the Euro will have an effect on the Euro used in a completely different country, even though that country may be following its own fiscal policies. Countries with strong economies like Germany are stuck carrying weaker economies because they all use the Euro. Unless Europe wants to add political unity to the economic unity, the Euro is a failing idea.

  • How have we done so far

    Take Greece , think this is a prime example of how it does not work. Brussels has been throwing I presume mostly tax payers money at this country for years 3rd bailout now, not to save Greece which is a lost cause but to save the euro. If this is how we have to hold up this organisation how can it be right for us. When does bailout 4 ,5 and 6 come. The problem constantly pulls markets and growth for the rest of Europe down then there is Italy ,Spain, Portugal, S/Ireland

  • Should be Strengthened

    The euro zone should be strengthened with the additions of other countries such as the United Kingdom and Russia. Economic unity eventually leads to a unified European government. The more countries that sign on for the euro, the better the economy of Europe will be. The difficulty with the European system of government is that regions have too much sway. When Greece, Spain and Portugal falter, they bring the rest of Europe down. Those countries need to step up and modernize before things get worse. Getting rid of the euro won't help. Instead, the rest of Europe needs to catch up to France and Germany in terms of economic clout.

  • Europe Should Unify, Not Split Up

    The Euro was supposed to advance European unification. Instead, recent regional fighting has led to austerity measures and unbalanced spending in many countries. The Euro Zone should not be abolished as Europeans should instead move forward and set aside their differences. Unification of government is the next logical step to solve the area's woes. Inviting other countries into the Euro Zone such as Russia and the United Kingdom will also help strengthen the economic zone.


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