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Euro Exit: Why (and How) to Get Rid of the Monetary Union

By: Jean-Jacques Rosa | Book details

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APPENDIX II. “THE EURO, AN OPPORTUNITY FOR
FRANCE, AN OPPORTUNITY FOR EUROPE”

Or, the alleged virtues of the euro seen by political, business and academic elites before the euro was adopted. Excerpts from an article published in Le Monde, 28 October 1997:

The EU member states and many companies have already started preparing for the introduction of the euro. This is not an end in itself It will bring together European citizens, providing them more welfare, cohesion and capacity for action.

Do we fully appreciate the enormity of this event? Have we taken stock of the challenges and opportunities arising from the implementation of the Economic and Monetary Union? Do we know that the euro will bring:

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