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ID number:348775
Author:
Evaluation:
Published: 23.11.2004.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

Importance of euro is big but will this be a part of beautiful dream about single Europe or nightmare. We can’t say that single currency is absolutely good – there aren’t dark sides. Is it so? There are many questions about euro. Is single currency good or bad? Who will get benefits and who will not?
Single currency is one part of globalization. If we talk about globalization then automatically we can’t absolutely say that there are only good sides. In world are many people who are against globalization.
We can see that not all EU countries introduced euro. Why? Traditions! British are conservative; they love their sterling pound. Swedes – they didn’t vote “yes” to euro than all predicted after Ann Lind death. They all think that they are enough strong to have their own money.
One function of country is that they need have their own monitory politic, but now this function becomes removed – centralized. Country can’t emit so much money than they need, it will do others. So they lose their independence of economy. Is it good?…

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