Cake
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    • I'm kinda skeptical about that 'EU countries characters' being a problem. The differences are obvious, but I wouldn't say they are greater than for example between Florida, Alaska, New York or Texas, or more of a burden (xenophobic sentiments aside).

      I do agree there was definitely a problem with single monetary policy, in as much as it was mostly dictated by Germany and France (for their benefit), to the detriment of the EU south. But that could have been different, even with a single currency. Strict austerity measures, which weren't necessary and caused a lot of grief and distress, could have easily been imposed even with separated currencies (look, for example, at the MMF policies towards the global South).