Comments: Europe grinds to a standstill

What future for the Euro in 5~10 years?
Do you see a return to national currencies, or a split into (say) NorthEuro (FR+DE+AT+NL+...) and SouthEuro (ES+PT+maybe IT) with GR going alone - multinational currency blocs also with some currencies being uninational?

My non-economist's guess is perhaps 10 currencies for the whole EU-25 plus nonmember countries; with GBP and CHF being as now, and Franco-germany and its satellites in another, and maybe East-European & Scandinavian blocs.

Posted by Rog at May 31, 2005 02:14 PM