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Old 27-05-2012, 23:42   #790
Chris
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Re: Eurozone will collapse...

Quote:
Originally Posted by Damien View Post
They didn't join the Euro did they? They won't really care if they are in the EU as long as they don't share the same currency. We would find it harder to get a bailout from the Eurozone than Greece did.
They are obliged to work towards Euro membership as a condition of joining the EU. however I suspect the convergence criteria might be insisted upon a little more strictly in future than when Greece was shooed in.
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