Why haven't other Eastern Euro nations unilaterally adopted the Euro like Kosovo and Montenegro did?
Why haven't other Eastern Euro nations unilaterally adopted the Euro like Kosovo and Montenegro did?
Brandon Roberts
Jeremiah Turner
ever heard of Greece?
Dominic Powell
that was 20 years ago granddad
the euro is a good thing for humanity overall
Alexander Jackson
If you see a bunch of lemmings falling off a cliff you don't join them
Jose Gray
because having your own currency is a sign of being sovereign
Leo Bennett
My Romanian friend in university said the USE was his dream.
I thought this was a common feeling amongst many Eastern Europeans...
Adrian Anderson
it's a literal shitcoin with a french woman in charge of the money printing machine
Levi Stewart
Why would a nation naturally want to adopt the Euro? Do you even know what it is? Do you know why we didn't ever adopt it? Do you know what independent monetary policy is?
Benjamin Rogers
Adopting Euro was a huge mistake
Henry Wilson
Wonder how much worse our situation would be right now if we had adopted the Euro.
Nathaniel Cook
Advantages of Euro adoption
>No transaction costs
>Facilitation of business/trade
>Price transparency
>Inter-regional cooperation
>Multiplier effect of increased trade > jobs > GDP
>Certainty of investment, again augmenting the multiplier effect
if eastern european nations become richer than there's no down side to it
The drawbacks are from how lazy med niggas are and how poor slav niggas are
Get them developed (as nations like Poland are doing expediently) and it's a great idea.
Caleb Perry
The time is ripe. Euro will break....
Thomas Howard
You forgot the "being worthless" and "tied to debt ridden shitholes" parts
Isaiah Wright
kek our finance minister just resigned
>what does this mean?
Benjamin Stewart
you're still joining though, right?
Luke Russell
yes but at what cost?
Andrew Evans
how come it was better when an Italian was in charge? One would think Italians didn't know how to run banks
Landon Reed
disadvantages:
>if your economy goes to shit you have ZERO means to devalue your currency to encourage investment, tourism, etc.
>you give the fate of your entire nation to a foreign institution and become entirely reliant on them not being retards (lol)
All your explanations are meme responses with no basis in reality.
>having to exchange currency across the border is SOOOO HARD, trade would be immeasurably increased and jobs would flourish if this incredibly difficult process was abolished
Remain lost. Get over it.
Jackson Davis
Because Draghi was based.
Mason Sullivan
this, investors trust countries with their own central bank because they can just print their debt away, europoor countries simply can't do it.
If greede had their own currency it would've never defaulted
Austin Moore
didn't you niggas literally invent banks