It seems that there are those who have their doubts about the future or "sovereignty" of the Euro and its membership.
Pierre Denis, from Ecully, France, had the following to say in his letter to TIME ....
"The euro crisis is not surprising. A common currency without common government can't work. Those who created the euro were perfectly aware of it, but they intended to force the peoples of Europe into a federation. The euro is an ideological construction, not an economic one. And unlike the U.S., Europe is not a nation. It would be better to go back to national currencies."
.... and Dennis Brinkeback from Stockholm seemed to be of similar mind ....
"Michael Schuman wrote that, 'Europeans will have to make the fateful choice between national sovereignty and the euro's well being.' The choice is easy: sovereignty and democracy are far more important than saving the euro."
We have seen England, a country close to its European neighbours, make the decision, a long time ago, to retain both its own currency and sovereignty. Despite that, its current leadership is prepared to work with those across the Channel, provided that it is in the best interests of Britain. It will be interesting to see how England's future economic performance compares with that of its Euro neighbours. |