I know it seems odd, but while the future of the euro (will / should some euro countries leave the euro area?) is one of the most hotly debated subjects amongt economists, in just a few days time the euro area will actually expand. When the clock strikes 23:00 in Frankfurt, Brussels and Amsterdam, Estonia will become the 17th member of the euro area (23:00 because in Estonia it is an hour later, so it will be 00:00 local time there). Is that good or bad for the euro area?
Dit is het introstuk van mijn nieuwste column op EUObserver.com, lees het volledige stuk hier.
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