Re:Imperial Delusions
by gambiting on Saturday July 17, 2021 @04:35PM
(#27868630)
I don't know why you're getting downvoted, it's exactly right. Poland agreed to adopt the Euro as one of the conditions of being accepted, and then the global financial crash happened and basically said you know what guys, we won't be doing that after all. If a country wants to stop using Euro they absolutely can - it was proposed as one of the solutions to the issue of Greek national debt, them going back to the lira, it didn't go through for many reasons but it definitely wasn't because "there's no legal way". There absolutely is.
[ Parent
| on HN ]
The euro is based on a treaty, and that treaty has zero provisions for countries leaving it.
Maybe the best expression would be "there is no legally defined, binding procedure for leaving the euro". Which means that whoever tries this first must expect a wild ride with absolutely nothing to lean against.
Re:Imperial Delusions
by PaulDavisThe1st on Saturday July 17, 2021 @04:56PM
(#27868799)
Greece's own currency was the Drachma. The Lira belonged to Italy.
Lira is also the currency of Turkey. Perhaps that's what they were referring to.
Re:Imperial Delusions
by warkdarrior on Saturday July 17, 2021 @05:43PM
(#27869085)
Really, really doubt Greece was considering adopting the Turkish lira as currency.