Τρίτη, 27 Σεπτεμβρίου 2011

THE EURO DREAM....

A protester in Berlin in June 2011
A protester in Berlin in June 2011 is somewhat sceptical of the future of the euro



To join the currency, member states had to qualify by meeting the terms of the treaty in terms of budget deficits, inflation, interest rates and other monetary requirements.
Of EU members at the time, the UK, Sweden and Denmark declined to join the currency.
Since then, there have been many twists and turns for the countries that use the single currency.
The euro, the dream of many politicians in the years following World War II, was established in Maastricht by the European Union (EU) in 1992.


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