Greece, the Head of the Iceberg

Alexandra Pricopi and Elena Croitoru

Ovidius University Annals, Economic Sciences Series, 2010, vol. X, issue 1, 342-346

Abstract: About 12 years ago, some expert argue that the euro is the last big mistake of the European political class. The benefits are smaller than disadvantages. Free movement of people, goods and services is perfectly possible in a market without a single currency unit. Currency risk must be accepted as acceptable are the differences in productivity, efficiency, but also the mentality or culture. We are not all alike. Accepting diversity does not mean impossible coexistence, but just being realistic.

Keywords: economic crisis; economic and monetary union; economic model (search for similar items in EconPapers)
JEL-codes: F15 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:10:y:2010:i:1:p:342-346

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