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In reply to the discussion: The Nobel Peace Prize for 2012 for the European Union [View all]Diclotican
(5,095 posts)MissHoneychurch
I agree, it is a genius thing for Europe, where you can travel to each other and not have to change the valuta to where you are when you leave your own country to go visit others - It is the first time in ages, maybe even since the romans hold fort in most of Europe, that is happening..
The problems is that not everyone in Eu, have the economy to get a stable currency, the Euro is sitting on very strict rules, and everyone who disobey the rules, get fines, rather hefty by the way.. For Greece, Spain Portugal and Italy it looks like it have been the same as a nuclear disaster of sorts.... And they will be punished harshly as Specially the germans and the french doesn't accept any fooling around - or the fact that your economy is not up to the task put forward by the central bank..
And some members of EU, are not even in the currency - as their economy is far to "small" to support the strict rules to deficit and so one..
But in all, for some nations, EU works, for others, it is more troublesome - and for some like Norway, I believe it is better to stay outside for the time being - as EU do have a rather lengthy level of troubles that have to be solved out, before we might decide to joint it in the future.. As it is now, I suspect most Norwegians is rather happy we doesn't elected us into EU... We still have a degree of independence to do as we want - and I suspect that is very important for most Norwegians - even though we trade and following a lot of the rules set by EU in our trade agreement with EU.. I believe we have vetoed once since we accepted the new trade agreement after 1994... But that mostly because it was strictly against our constitution, and therefore wrong to accept.. And we got a free pass there - but also a strict warning about "play it our way, or the high way"... Most Swedes regret that they woted themself into EU. But they are kind of stuck into EU, but I doubt Sweden wil get out of the EU anytime soon.. What to replease EU with?..
If we are to believe the ones who is for EU, it is okay to get out of EU, if the country choose to do it - but I suspect if Germany was to leave EU, the whole concept of EU would fall to pieces, as the whole idea behind the Steel and Coal tractat in the 1950s was to bind West Germany to a treaty where it would be almost impossible to make another war out of... It would have been like cutting Italy and Rome out of the roman Empire in 100 AD, and let the other parts govern them self.. I doesn't worked then - and I suspect it would work rather bad now.... Germany is by its own history kind of stuck in EU... And EU stuck with Germany...
But as a consept, for Europe, to have a central bank, and to have a single currency, it is absolutely genious, no doubt about it.. And by the way, you CAN use Euro in Norway too.. Even though I suspect it is smart to change some of your money to norwigian kroner too, if you want to leave the bigger city's out to the countryside..
Diclotican