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8 Answers
- 1 decade agoFavorite Answer
Well maybe...
The problem is that the euro is connected in some way to european countries such that if one economy was affected, it would undoubtedly affect all the other economies. Read this news on greece and its economy, it might help you with your question...
- soñadorLv 71 decade ago
No, the Euro should be under pressure, but it isn't. The GB pound is very weak still against the euro. The euro is still strong against the dollar too.
It is in my interest for the euro to weaken, but I see no prospect of that in the next few years. If interest rates rise in the UK, the pound may rise a little in the short term, but the UK economy is still struggling and the deficit is too high.
- Anonymous1 decade ago
Europe cannot and will not stand by and allow Greece to crash so no, the Euro will not be affected whatever happens.
- Anonymous1 decade ago
Spain and Ireland are going down too. I think the entire civilized world is going to crash. I hope the result is much less intrusive government around the world.
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- Guru HankLv 71 decade ago
Yes. And great shall be the fall of it.
The countries who are going to contribute to the rescue funds are broke themselves. This will get worse until all of Europe will be on sale for 5 cigarettes. Just like they were in 1946.
- Anonymous1 decade ago
It is already crashing. Spain is next.
- Anonymous1 decade ago
Spain is next.