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Originally Posted by Ethersync
Yes, that's true, but the EU was offering support to these Eastern European countries to entice them to want to join. A lot of EU money has already gone into building infrastructure in these countries. So, absolutely "New Europe" was looking for a free lunch, but the EU was also offering it...
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FALSE
This is what EU wants you to believe, yes there are indeed money invested in the infrastructure, but it's just so you have to deal with 500 more overpaid brussel idiots and pay THEIR free lunch to get 30 pct of the funding you could do on your own - the average length of the administrative process - 18 months.
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The reason why the Euro is likely to have serious problems is the because of the economic disparities between the different countries in the Eurozone and the Eastern European countries in the ERM II program.
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FALSE
The exporters here have lost already over 4 billiion USD in the past year because not being able to trade in EUR - in unified currency.
EUR makes sense, EU not.
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For the Euro to survive the ECB and EU will need more power and the countries that make up the EU (or at least the Eurozone and ERM II countries) will need to give up more of their national sovereignty. Simply the EU will need to function more like a country than a glorified trade union.
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TRUE
But this will NEVER work,
you would have to be an idiot to count on countries that weren't able to learn what work means during their whole history to change their national mindset by waving a magical EU wand