Thread: Slovakia swaps korunas for euros
01-01-2009 11:03 PM #1
Slovakia swaps korunas for euros
Slovakia has joined the eurozone from the first of January 2009, bringing the countries using the single currency to 16.
There has been debates about UK joining the eurozone given that a pound is now virtually equal to one Euro.
01-02-2009 11:03 AM #2
I never knew they`d changed to Euros.
I remember that when countries such as Spain and Greece changed there were complaints that prices had increased in those countries.
On balance I think it`d be a good thing for the UK to change to the Euro. It`s nonsensical to have to pay charges every time we need to convert money over for holidays, worry about the strength (or weakness) of the £ and so on.
01-02-2009 12:51 PM #3
I quite agree with you that Britain should join but I do not like the staigh jacket that Euro seem to force on countries in the eurozone. For one thing you lose control of the ability to control your own interest rates.
There was a poll by the BBC which found out that over 70% of Brit still do not wan to join Eurozone despite pounds parity with euro.
01-02-2009 01:04 PM #4
I think it'S pretty good that they joined, espicially for the rest of europe :D because prices will increase and prevent companies going there to produce cheaper.
and the second point is that the euro might drop about a few points which can be good for the export.....
I think it would be a good idea for the uk to change to euro because the euro will keep it's whorth in 98% of all cases but the pound can drop..... it also would mean a kind of reorientation which will be good for everybody
01-02-2009 01:14 PM #5
01-02-2009 01:39 PM #6
ok thats a fact I can agree on but it worked out pretty good in the past for nearly every country in the eurozone
01-02-2009 03:08 PM #7Contributing Member Array
the bit I dislike most is that our central bank will become useless and EU controls economic decison for all countries in eurozone.
- Join Date
- Nov 2008
01-02-2009 03:10 PM #8