Wednesday, June 16, 2010

Death of EURO?

Recently many European countries introduced austerity measures to curb the deficit. More and more opinions suggest Greece would default their debts and leave EURO zone, Spain and Portugal’s prospect look grim too. The weary economy is devastating.

Germany and France taxpayers definitely wouldn’t be pleased to see their hard earn money go to other people’s pocket. I guess not long from now the voices of re-introducing German Mark and French Franc will start echoing.