Re: £
well said :)
I can see the Euro splitting into 2 . One for Germany, Netherlands, Denmark, the rest of the Nordic countries involved and maybe France. The other euro for "Club Med" , and maybe Ireland.
Unless the primarily Northern EU members wish to be in part of a "transfer union" , and pay off / write off what is mainly Southern European debt the economic malaise of "Club Med" will come to a head with extremist parties being elected.