Euro
posted by Deleted user in Greece forum
Hi Kostas,
I am glad to hear this from you. I think the european media often portray Greece as the example of the failure of common currency. It can be easy to blame the EU or the Euro for the mistakes of goverment. It's true that if you weren't in the Eurozone, you will currently have some tools to adjust the macroeconomic indicators through monetary policy. But that is one of the few disadvantages of having Euro.
Best regards,
Matthias