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The demerits of Euro

次はデメリットについて説明しよう。

・the country of EU (トル)unified currency, but (althoughの代わり)the financial policy of each country is different.
  →There is a risk of falling into fiscal bankruptcy.

・If the country where corporate finances are weak does not receive support of the country where corporate finances are strong, fiscal bankruptcy will happen and worth of Euro will fall.

・The national bond is also different by each participating nation.
 → The countries have to repay a debt by themselves.

 It is good to have mixed currency by Euro.
However, it has a weak point of each country is the cause which has caused such a fault. (トル)


■EU got the Novel prize ■Novel prize ■Nobel Peace Prize ■Alfred Nobel