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What is to prevent e.g. Iceland declaring that the Euro is now its national currency?

Frank's Home Page and Diary Index
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Sun May 16th, 2010 at 09:38:01 AM EST
[ Parent ]
Nothing.

But they can't print €-notes or mint €-coins without permission from the Bundesbank.

Well, actually they can, but the official EU stance would be that they were counterfeiting.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sun May 16th, 2010 at 01:47:58 PM EST
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