EUROZONE: Some In Eastern Europe Now Balking At Euro Adoption.

BBC/ Laurence Knight /

     Many nations in central and eastern europe are thinking long and hard about their promise to adopt the euro when they signed up for the EU.
     The "PIIGS" (Portugal, Ireland, Italy, Greece and Spain) were caught in the euro trap because the boom years hyped labor and public finances but the bust has left them uncompetitive with a major debt. But inside the euro zone, the easy cure, currency devaluation, is not available.
      Now, some pols and much of the public in the Czech Republic and Poland don't really want to join the eurozone.

EU: Czech's Klaus Finally Signs Lisbon Treaty.

NYTimes/
Vaclav Klaus, the president of the Czech Republic, finally signed the Lisbon Treaty after the country’s Constitutional Court ruled that it was compatible with the Czech Constitution. Klaus was the last EU leader to approve the treaty that needed ratification by all 27 member states.
After his signing, the euroskeptic Klaus said “I cannot agree with its contents because once the Lisbon Treaty will come into effect, the Czech Republic will cease to be a sovereign state.”

Contrarian Euro-skeptic Czech Vaclav Klaus Threatens EU Crisis.

AP VIA GOOGLE NEWS/
The Czech Republic's president, Euro-skeptic Vaclav Klaus, has continuously attacked the Lisbon Treaty. Now Klaus can block it even though he is only a ceremonial head of state — like the Queen of England. Because the Czech Parliament has ratified it, he is legally bound to sign the document. Yet he seems prepared to stall for as long as he can even if polls show that most Czechs want him to sign.
The ultra-conservative Klaus also doubts that humanity is causing global warming and strongly opposes gay marriage.