2 Euro 2012: 10 years of cash
Hans Goossen
together issue a commemorative euro coin with a common design to celebrate
particularly important events.
On 1 January 2012 it will be 10 years since the introduction of euro
banknotes and coins, which is a natural and obvious occasion for all
euro-area countries to issue a common coin. Council will be asked to
endorse the issuance in 2012, by all euro-area Member States, of a
commemorative 2-euro circulation coin with a common design to mark 10
years of euro cash.
Source: http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/11/22
oly
> Since some years it is standard practice that euro-area Member States
> together issue a commemorative euro coin with a common design to celebrate
> particularly important events.
>
> On 1 January 2012 it will be 10 years since the introduction of euro
> banknotes and coins, which is a natural and obvious occasion
> endorse the issuance in 2012, by all euro-area Member States, of a
> commemorative 2-euro circulation coin with a common design to mark 10
> years of euro cash.
>
> Source:http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/11/22
>
> --http://www.paraguaycoins.com/
They shouldn't count their chickies before the eggs are hatched.
The Eurocurrency area may be radically smaller soon enough.
oly
Beanie
"oly" <oly...@aol.com> wrote in message
news:97ce6925-b006-445e...@j35g2000prb.googlegroups.com...
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It's just a matter of time before the Germans get tired of bailing out the Euro
and withdraw from it, going back to the mark.
Weak sisters like Greece, Portugal and Ireland et al will be allowed to go belly
up (unless, for reasons known only to himself and his masters in Jerusalem,
Obammy decides it's the USA's job to bail out their economies too.)
Without the German and, to a lesser extent, the French economies to bouy it up,
the Euro will crash & burn like the Hindenburg.
All of which looks rosy for those invested in PMs (primarily gold and silver)
oly
> "oly" <oly2...@aol.com> wrote in message
Don't disagree with most of your assessment; Spain is the place where
the real estate speculation has killed the banks and the market hasn't
caught up with the reality yet. Spain is the "too big to fail"
country, the last and most important of the "PIIGS".
The Euro was a terrible experiment, sic transit...
oly
Beanie
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Barring a miracle, the so-called PIIGS will all go belly up.
The smart countries that fail could take advantage of their bankruptcy and may
be able to reboot the economies are a more stable basis (but I wouldn't hold my
breath waiting for it to happen!)
Once Germany pulls out of the Euro, France will follow immediately after that.
The smaller countries in the Eurozone simply can not maintain the Euro without
France and Germany, the old "Eastern Bloc" countries and the Balkans are very
weak.
The Euro was an interesting experiment but one I always felt was doomed from the
start, given the disparities of the various economies in the Eurozone.
That and the fact that most of the countries have been more or less at war with
one another since the fall of the Roman Empire.
Old animosities die hard and trust me, there are still plenty of hard feelings
left in Europe that aren't gonna go away any time soon.