European Union: Fair Weather Friends?
Apparently Greece's struggling economy has some members reconsidering that nation's membership in the European Union. The Economist has run several stories on this problem, including one with this illustration:Might other nations back out of the EU? How disappointing? I thought the whole point of the EU was that these nations would pull together to make each other stronger. This kind of unity has been an inspiration to other regions to increase cooperation (if not integration) of their economies. Step up, Europe.
Via Geographic Travels
Labels: europe
posted by Cartophiliac @ Monday, February 22, 2010
5 Comments
5 Comments:
READ THE ARTICLE. It says "Some even talk—probably mistakenly—of the beginning of the end of the euro area." and "It is unlikely that Greece would be forced out of the euro, still less that it would choose to leave."
Greece's problem is it voted in a left socialist government at bad economic times. Other countries have done opposite! Has a PPP of $30000 per year so will get out of this mess, so will Iceland and the rest of the Balkan states which will join the EU eventually...
READ MY POST. It says "some members reconsidering" that sound like "some even talk"
Whatever.
I don't pretend to be an expert on European economy. I just said I was disappointed that such a thing would even be discussed or considered.
But as always, on this blog, the most important part of the article is the map illustration.
Don't mistake Eurozone with European Union, not all EU Countries have adopted the Euro. It's very unlikely that a countries will leave the EU. As an Italian myself I would be very disappointed if Italy even considered to leave the EU. Join the EU is the best thing happened to Italy in the last 50 years!
I'm not very fond of the EU myself: I of course I think, the more countries the better, and it was much cheaper to visit the various EU member states when they all had their own currencies...So here's to failure! (After all, we're giving the Europeans a run for the money in that dept.) Plus if it ALL falls apart, east and west, lots of new MAPS :-)
See Europe 2020
Post a Comment
Subscribe to Post Comments [Atom]
<< Home