Tuesday 3 January 2012

EUROZONE WILL EXIST WHEN ?


One must be very clear about the situation at present.

First of all, the EUROZONE does not yet exist.  Its existence will be enshrined in a Treaty  which at present is being "conceived".   The parents of this Treaty, Merkel and Sarkozy, are actively following all stages of the conception. They  expect the birth sometime in the Spring of 2012.

When their baby, excuse me, their Treaty is proposed for adoption, the godparent countries will certainly look closely at the conditions of the new EUROZONE TREATY !!! 

The first questions will be ;

   -  What will happen if my country wants to quit the EUROZONE ?  What are the conditions ?
   -  Do all countries have equal voting rights on all issues ?
   -  Will the adhesion of my country depend on a referendum in my country ?
   -  What will the annual costs of the EUROZONE be for my country ?
   -  Will there be a EUROZONE Central Bank, EUROZONE MEP's etc. ?
   -  What would be the cost of quitting the EUROZONE or the EU ?

To be quite honest, it is always easy to ask questions at this stage.  However, at a later stage there is never any time left to ask such awkward questions !!!  Once the idea has been fertilised, when the beautiful baby is about to be christened,  Sarkozy will not want to be hampered by political gatecrashers.  Merkel will not want to lose any grace either !!!

To be quite clear, this Blog does not think that the creation and adoption of a EUROZONE  Treaty before the 30th June 2012, for practical reasons, is a viable  possibility.

No comments:

Post a Comment