Dislikedsorry ? If Euro disappear I'll party forever... we need to recover our national currency ( I'm Italian ) to restart to be competitive and wealthy...Ignored
Are you serious? I am confused I thought the Euro made it easier to trade etc.
How was the situation in Italy before the Euro?
Just thinking aloud:
If this were to happen and countries decide to revert back to their own currencies. Which country foots the bill?
I imagine that the transaction cost(emplyee's required, no. of hours etc) would be very high. Add to that the fall in value, halt in world trade with EZ for a small time-frame(I wouldn't sell anything to Europe when I expect the currency to reduce in value at any time, or might be gone altogether) would be catastrophic.
How do different countries decide the exchange rate for their brought from the dead currencies. The EUR took 10+ years to be introduced. Now introducing all the old currencies back would take well conservatively 15 years? Or do they say the Euro is dead, everyone is penniless.
Lets start afresh?