Quote:
Originally posted by SlaveNoMore
3) EU dissolves by 2013
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That is quite a bold statement. You think that now all these people are used to the Euro they are really going want to go back to their national currencies? That would be a disaster for business. Europeans businesses large and small will never let it happen.
I think it is inevitable for all the countries in Europe that are allowed to will adopt the Euro. Right now London is losing its position as the prime financial center in Europe because the UK is not using the Euro. No multinationals use Norway as their hub anymore, and even Norwegian companies have moved their headquarter out of Norway because it is not in in the EU and adopted the Euro. Swiss banks have started to switch to Euro demoninated accounts, and are holding them off shore so as to not to breach Swiss banking laws. Before the Euro, it might have been possible for the EU to break up, but the Euro cemented that organization.
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