A következő címkéjű bejegyzések mutatása: euro. Összes bejegyzés megjelenítése
A következő címkéjű bejegyzések mutatása: euro. Összes bejegyzés megjelenítése

8/13/2010

Slovakia Rejects Participation in Greece Bail Out

Slovak Spectator reports that Iveta Radičová’s new Slovak government proposed the Parliament to reject participation in the eurozone's loan programme to hard pressed Greece. Of the 79 MPs from the ruling coalition parties, only two deputies voted in favour of the bilateral loan that may reach €816 million over the next three years, and one of them says she pressed the wrong button. The largest opposition party, whose previous government approved the deal on the EU summit, did not attend the vote.

After Hungary keeps signalling that it wants to choose a different path recommended by the EU and the IMF outside the eurozone, Slovakia shows that you can dissent within the euroclub, too. Time will tell if the new-found financial sovereignity of the two countries that adds to the traditional EU-scepticism of the Czech politics, will be sustainable.

1/30/2010

Lamfalussy on Hungarian Euro Coin

Imaginary Hungarian euro with Hungarian manAlthough Hungary never seemed to be further away from the eurozone than now, even when it was always 5 years from the EU accession, there are still people who are believing in the cause. What the Hungarian pro-euro lobby can take pride on is that at least it was invented by a Hungarian.


Now there is an open cause on Facebook to put Mr Lámfalussy on the Hungarian euro coin, once it is adopted. My only hope is that this group will not reach its goal because Mr Lamfalussy will live up to see the Hungarian euro.