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We can keep the EURO and the Germans can have the NEURO.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Migeru (migeru at eurotrib dot com) on Tue Dec 2nd, 2014 at 11:11:44 AM EST
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That would be optimal. But it likely would require the concurrence of France, Italy and, possibly, several smaller countries and France seems the least likely to join such an effort presently. Will it take a Le Penn government to consider such a plan?

The advantage of the Seuro would be that it could be started with Italy and Greece, with Cyprus and Portugal being possible early entrants, followed by Spain after the next election, depending on how Podemus does.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Tue Dec 2nd, 2014 at 02:39:23 PM EST
[ Parent ]
Would the threat of Italy and Greece together negotiating their own currency union be sufficient to force the issue with Germany?

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Tue Dec 2nd, 2014 at 02:42:32 PM EST
[ Parent ]
No way would Le Pen contemplate a currency union with Ritals and Spingouins. The Franc and nothing but the Franc.

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II
by eurogreen on Tue Dec 2nd, 2014 at 03:42:19 PM EST
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