Re: Re: Euro – One in seven chance it will be abandoned



I don’t know if it’s as simple as that. Germany’s boom is export based, its internal consumers are cautious savers rather than reckless spenders. What they want most of all is a weaker Euro to help their exports, and within Europe they want other members to be prosperous enough to buy their goods.

The increased interest rate set by the ECB today is the last thing they want.