It's like the Archimedes principle for fluids. Size doesn't matter - the floating exchange rate will do the trick. It then becomes a question of intra-EU competition, and I don't know about you but I'd like the EU to be an area of cooperation, not of cutthroat races to the bottom (we've seen how well that has worked over the past 15 years).

tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker