FastSaying

It is obvious that the monetary union among 17 very different European countries does not work. As an economist, I know that the Eurozone is not an optimum currency area, as defined in economic theory.

Vaclav Klaus

AmongAreaCountriesCurrencyDefinedDifferentDoesEconomicEconomistEuropeanEuropean CountriesKnowMonetaryObviousOptimumTheoryUnionVeryWork

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