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Originally posted by thoughtsfull
It will be the end of the EU as we know it, that is almost certain... With the British/French military treaty we are seeing the start of an EU army with nuclear teeth, and with Ireland being pushed to cede more authority to Brussels we are seeing the beginning of the end of sovereign nations in Europe [again] As yet another incarnation of the Roman Empire rises, which if previous incarnations is anything to go by will cause the world equal amounts of pain.edit on 16/11/10 by thoughtsfull because: (no reason given)
Originally posted by Astyanax
reply to post by serbsta
Definitely not the end of the EU in any shape of form.
The end of the European single currency... maybe.
Originally posted by Astyanax
reply to post by serbsta
The EU and its predecessors, the EC and the EEC, were around for long before the euro arrived.
Common markets don't necessarily require a common currency.
Allow me to para-phrase:
to do trade with each requires NEITHER a common currency NOR common markets!
Would you let China rule your country so you could trade with them? No? So why let that happen in Europe???
The EU is a stack of cards waiting to fall.
I'm British, NOT European!!!
Paraphrase (pronounced /ˈpærəfreɪz/) is restatement of a text or passages, using other words. The term "paraphrase" derives via the Latin "paraphrasis" from the Greek para phraseïn, meaning "additional manner of expression". The act of paraphrasing is also called "paraphrasis."
A single market is a type of trade bloc which is composed of a free trade area (for goods) with common policies on product regulation, and freedom of movement of the factors of production (capital and labour) and of enterprise and services. Source
The cost of a bailout on the Irish scale for Portugal, seen as the next weakest link among the EU’s high-deficit countries, would cost 100 billion euros, based on a package of 60 percent of GDP. For Spain, whose banks have also come under strain from the collapse of its real-estate bubble, a bailout of 60 percent of GDP would cost 632 billion euros. For Italy, the region’s second-most indebted nation after Greece, the figure would be 912 billion euros.
24 November 2010 Last updated at 09:22 ET Share this pageFacebookTwitter ShareEmail Print Irish unveil tough four-year recovery plan