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Interesting! I was saying today to somebody from the French Ministry of Economy and Finance that the current crisis might make Sweden, Danemark, Iceland, Norway and the UK join the Eurozone much sooner than expected...

What about Switzerland?  

"Dieu se rit des hommes qui se plaignent des conséquences alors qu'ils en chérissent les causes" Jacques-Bénigne Bossuet

by Melanchthon on Mon Oct 6th, 2008 at 04:13:56 PM EST
[ Parent ]
If Switzerland joins, HOLY SHIT!  The END TIMES!

In the end, might makes right. Nothing has changed since the caveman.
by THE Twank (yatta blah blah @ blah.com) on Mon Oct 6th, 2008 at 04:15:33 PM EST
[ Parent ]
[THE Twank's HOLY SHIT!TM Technology] ?

Europeans think a hundred miles is a long way. Americans think a hundred years is a long time.
by Bernard on Mon Oct 6th, 2008 at 04:27:43 PM EST
[ Parent ]
I am TRULY honored.

In the end, might makes right. Nothing has changed since the caveman.
by THE Twank (yatta blah blah @ blah.com) on Mon Oct 6th, 2008 at 04:37:03 PM EST
[ Parent ]
De Gaulle said NON! to British EU entry.  They've been whinging ever since we let them in.  Why let them be a Trojan horse again and tie Europe to yet more Anglo policies?

Vote McCain for war without gain
by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Mon Oct 6th, 2008 at 05:43:02 PM EST
[ Parent ]
Hey, the Irish have been in only because the UK were...

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Tue Oct 7th, 2008 at 06:18:10 AM EST
[ Parent ]
Sweden can join the Euro immediately. Denmark (I believe) has to spend 2 years in the EMU narrow exchange rate band, like the UK.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Tue Oct 7th, 2008 at 06:17:29 AM EST
[ Parent ]
Aren't they in it already? I'm pretty sure that their currency was previously linked to the DM.
by gk (g k quattro due due sette "at" gmail.com) on Tue Oct 7th, 2008 at 06:28:14 AM EST
[ Parent ]
It's the other way around. Denmark can join overnight, Sweden has to stabilise the exchange rate first. Denmark has an exemption that permits us to fulfil all requirements for membership without joining. Sweden doesn't, and so have to deliberately fail to fulfil at least one requirement if they don't want to join.

But under the Danish EMU-II½ membership, the Bundesbank ECB guarantees our currency anyway.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Tue Oct 7th, 2008 at 06:34:36 AM EST
[ Parent ]
Right, I forgot about that. I may have even pointed it out to you at some point... I need coffee :-)

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Tue Oct 7th, 2008 at 06:47:21 AM EST
[ Parent ]

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