business

At 20, euro is currency giant on fragile footing

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By Jean-Philippe LACOUR

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I wonder how Italy feels about the euro after the recent giving way to the other euro countries demands. Italy wanted to make some heavy finical changes to improve their country but had to cut back as the actions would have affected the euro. Which the other euro using countries did not want.

That is one problem with the euro as all of the countries involved have to have similar taxs and spending policies.

In theory a single currency is good idea, but with such different demands from each countries population, national spending, etc it is harder on the poorer southern countries than the richer Germany and France.

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Is that euro price there supposed to represent inflation? Its sooo huge ;)=

0 ( +0 / -0 )

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