Euro Emu
How will the new countries joining the Euro affect the rest of us? Will it ruin our currency?
The United Kingdom, Denmark, Sweden, Iceland and now, even Switzerland are seeking to join the Euro.
How will adoption of the euro by these countries affect the EMU and the currency itself?
The UK is probably in a worse situation than any other country in Europe and faces utter financial ruin.
However, The UK has stood up for freedom in Europe 2 times in the last century, against all odds and at huge cost.
Is it right that we should allow the UK to join the currency in order to save them from bankruptcy despite a heavy impact on the rest of us?
Or do we owe them a bail out for their protection of Western Europe and democracy during 2 world wars?
http://www.iht.com/articles/reuters/2008/12/08/business/OUKBS-UK-MARKETS-STERLING.php
Does anybody have an answer for me?
Euro/Sterling now nearly at parity
well my dear
in a way , , yes it will benefit uk and may be other countries as well if they join euro but it will also help euro and eventually all the nations sticking to it
the more countries join euro the more strong it becomes and hence becomes a choice for the international transactions replacing dollar. . this will greately benefit all the nations adopting euro
i hope i have made my point clear
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