EU’s Poorest Country Smacks Down Euro As Bulgaria Refuses To Join
Posted by David Icke
Are you listening Croatia??
'If one needs a shining example of why the days of Europe’s artificial currency are numbered, look no further than the EU’s poorest country which moments ago said “Ne Mersi” to the Eurozone and the European currency. From the WSJ: “Bulgaria, the European Union’s poorest member state and a rare fiscal bright spot for the bloc, has indefinitely frozen long-held plans to adopt the single currency, marking the latest fiscally prudent country to cool its enthusiasm for the embattled currency.
Speaking in interviews in Sofia, Prime Minister Boyko Borisov and Finance Minister Simeon Djankov said that the decision to shelve plans to join the currency area, a longtime strategic aim of successive governments in the former communist state, came in response to deteriorating economic conditions and rising uncertainty over the prospects of the bloc, alongside a decisive shift of public opinion in Bulgaria, which is entering its third year of an austerity program. “The momentum has shifted in our thinking and among the public…
Right now, I don’t see any benefits of entering the euro zone, only costs,” Mr. Djankov said. “The public rightly wants to know who would we have to bailout when we join? It’s too risky for us and it’s also not certain what the rules are and what are they likely to be in one year or two.”'
|< Prev||Next >|
Premier subscribers get exclusive content, videos and a weekly newsletter emailed every weekend. Plus access to our massive newsletter archive going back to 2005.
Gareth Icke Live At The Wembley Arena - The First Two Songs
The Brilliant New Album By Gareth Icke
... And his hilarious new book ...
Remember Who You Are - the great new song written and performed by Gareth Icke
Gareth Icke - The new single from the album A Brand New Battle
Gareth Icke: 'This man has the world in his hands and I for one wouldn't count him out of world domination he is that good' - Kelvin Knight, Manager of The Human League