Re:'Single currency experiment has been a disaster' admits e...
by tonyedgecombe on Saturday August 27, 2016 @04:46PM
(#12374091)
I can't imagine the Greeks are too worried about what happens with the German banks, it seems far more likely they just don't trust their own government to run a fiscally sound monetary policy.
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Re:'Single currency experiment has been a disaster' admits e...
by toyg on Saturday August 27, 2016 @05:27PM
(#12374261)
For southern countries, there is also an aspirational element. Knowing you are guaranteed the same rights and privileges as people living in Paris, Berlin or Stockholm is a powerful motivator -- if anything because you know that, should things become completely unsalvageable back home, you can always up sticks and leave to better-run countries.