2001-12-26 That is good. Sometimes it is better if certain core economies are the first to go. Then once the dust settles, others can hop on the band wagon more smoothly. I think many in these countries also fear that with the vote so close to 50 %, that the half that does support the Euro will do so even if the country doesn't officially use it. If banks in these countries offer Euro accounts and businesses operate in Euros in secret, they will undermine the value of the local currency. Those who still cling to the local currency will feel the weakness of it the most. Most people who are realistic will realise that the longer they wait, and the weaker their currency becomes, they will enter the Euro when their currency has a poor value. It is best to enter when the local currency is still strong.
And, the more that are linked to the Euro, the stronger the Euro will become. John ----- Original Message ----- From: "M R" <[EMAIL PROTECTED]> To: "U.S. Metric Association" <[EMAIL PROTECTED]> Sent: Wednesday, 2001-12-26 08:18 Subject: [USMA:16874] Euro:Swedes & Danes regret > http://specials.ft.com/euro/FT3I6AY9LVC.html > > > Swedes and Danes regret that they are not part of the > Euro currency, but British are not willing to join. > > But once if the currency comes into activity and all > the problems settle down, then it will be very easy > for other countries to join as their people should > have seen the currency bills (notes) and coins. > > Madan > > > __________________________________________________ > Do You Yahoo!? > Send your FREE holiday greetings online! > http://greetings.yahoo.com >
