The problem with the Euro isn't the single currency with the eurozone. In many respects it does exactly what it advertises reduces costs of doing business between countries. However, the issue of the Eurozone is that it turned each nation within it into a currency users and that detracts from the ability of each nation to respond to cr…
The problem with the Euro isn't the single currency with the eurozone. In many respects it does exactly what it advertises reduces costs of doing business between countries. However, the issue of the Eurozone is that it turned each nation within it into a currency users and that detracts from the ability of each nation to respond to crisis. Now, if the Eurozone took on some basic principles of operations they could totally eliminated this feature.
The problem with the Euro isn't the single currency with the eurozone. In many respects it does exactly what it advertises reduces costs of doing business between countries. However, the issue of the Eurozone is that it turned each nation within it into a currency users and that detracts from the ability of each nation to respond to crisis. Now, if the Eurozone took on some basic principles of operations they could totally eliminated this feature.