3 ms·

I am not sure the Euro in itself was the problem, but countries where included before they where ready and not enough mechanisms across the union to help those

I am not sure the Euro in itself was the problem, but countries where included before they where ready and not enough mechanisms across the union to help those regions/countries that where struggling. But,hey, I am but an armchair economist.

gridlockd 8y ago
You mean countries like France and Italy?
despera 8y ago
That's a common argument you see a lot for years, they weren't ready, they cooked their books etc. But for example Greece, that "cheat" they did to get in eurozone couple years earlier, wasn't a cheat back then and EU was totally informed, also the debt that swapped was insignificant compared with the amount of debt created due to systemic problems of eurozone and EU. Too bad there are fake news only for the stronger, the weaker and smaller countries can do nothing but get crashed under the propaganda.
agapon 8y ago
But they were not "included". Nobody forced them or made the decision for them. The countries (peoples, governments) made their choice. I think that some of them, if not all, even had referendums on joining the euro.