and the downward spiral of the euro begins...
ROME (Reuters) - Italy should consider leaving the single currency and reintroducing the lira, Welfare Minister Roberto Maroni said in a newspaper interview on Friday.
Maroni, a member of the euro-skeptical Northern League party, told the Repubblica daily Italy should hold a referendum to decide whether to return to the lira, at least temporarily.
He also said European Central Bank President Jean-Claude Trichet was one of those chiefly responsible for the "disaster of the euro."
The euro "has proved inadequate in the face of the economic slowdown, the loss of competitiveness and the job crisis," Maroni said.
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I'm keeping one EURO as a collector's item at this point. Will make a fetching sale on EBay in the year 2020.
I still have a bunch of pre-Euro Dutch coins from 2000 sitting in a tin. I loved that 2.50 piece.
Maroni, a member of the euro-skeptical Northern League party, told the Repubblica daily Italy should hold a referendum to decide whether to return to the lira, at least temporarily.
He also said European Central Bank President Jean-Claude Trichet was one of those chiefly responsible for the "disaster of the euro."
The euro "has proved inadequate in the face of the economic slowdown, the loss of competitiveness and the job crisis," Maroni said.
--
I'm keeping one EURO as a collector's item at this point. Will make a fetching sale on EBay in the year 2020.
I still have a bunch of pre-Euro Dutch coins from 2000 sitting in a tin. I loved that 2.50 piece.