Quote:
Originally Posted by Vendor
Having the Euro, is a good option for countries with relatively poor economy, when other countries pay their loans and welfare indirectly, that is, those who are with, the Union.
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Not touching the other part of the comment, countries with rich and powerful economies also benefit greatly from the common currency. It is not without its problems, mind you, and the centralised rate policy can be more damaging than not, but Germany for example has only grown richer because of the Euro. A more stronger German Mark would hurt their exports, as well as being a good reserve currency which adds additional problems of its own.
I should also like to note that as of right now, no country in the Eurozone has paid a single cent to the countries that were bailed-out and can even expect a profit from the venture. That is, if said countries don't default.
I'll leave the rest for Skybird to shoot down.
