12 February 2010

THE E.U: Rethinking The Lure Of The Euro.

NYTIMES/ The high price of monetary union and Greece's current financial troubles are forcing some nations to rethink joining euroland. “Countries like Estonia and Latvia were once desperate to get in,” said researcher Alf Vanags. “The euro is not looking so attractive now.”  Governments fear being unable to pay for expensive social programs required by citizens and staying within the euro zone’s strict debt limits.