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Die Presse - Austria | Wednesday, August 17, 2011

Abolish the euro

Rather than focus on the creation of a European central state we should discuss abolishing the common currency, the liberal-conservative daily Die Presse writes with an eye to the proposals tabled by Merkel and Sarkozy on Tuesday in Paris: "The European central state ... is exactly what people don't want. And they have repeatedly been promised that it will never come about. Or at least not without their approval. The Europeans are being pushed and shoved in the direction of enforced solidarity and a central state by means of a growing number of supposedly 'unavoidable' steps. ... Europe introduced a common currency without taking the necessary steps beforehand, because they weren't politically enforceable. Now the politicians are blackmailing their citizens with the words: 'Either you agree to the central state or the euro will explode.' What if it explodes anyway? Then everyone will regret not separating what never belonged together while there was still time."

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