MercoPress. South Atlantic News Agency
Dragui remarks makes Euro fall to its lowest against the dollar since June 2010
The euro fell Friday to a 4 ½-year low against the dollar after European Central Bank President Mario Draghi indicated the bank could soon back a government bond-buying program to deal with alarmingly low inflation across the 19-country Euro-zone. Read full article
Comments
Disclaimer & comment rulesThe eurozone will be back in recession this year, I cannot wait for the hand grenade Greece is about to throw at the EU. All that money those German tax payers leant them that will not be getting paid back.
Jan 03rd, 2015 - 09:38 am - Link - Report abuse 0Greek default and EU exit very soon.
I've long thought the Euro was way overpriced. It should be a bit below the U$. Probably around .92/U$1 like it was when it was first introduced.
Jan 03rd, 2015 - 12:42 pm - Link - Report abuse 0Its got a way to go yet.
I think the U$ is on a decades long upswing.
Watch and see.
This has been said before but it remains true. Individual currencies reflect the socio-economic circumstances of their countries. There is no way to have a currency reflecting the socio-economic circumstances of indolent southern Europe. It is now known, classically, that most Greeks avoid taxation. Italy and Spain have always been corrupt. Compare to northern Europe. Systems are designed better because they don't stop to have a piss-up and a sleep part way through the day. And, offshore, there's Britain, historically inclined to comply with the law. And what else? There's migration. Encouraged by the incompetent, Marxist EU, nationals of poverty-stricken eastern and southern states can migrate to leech from those who know how to govern and run an economy. The end result, if not checked, EU-wide poverty! It can already be seen. Romanians and Bulgarians, criminals by nature, migrating to the UK where they demand houses and benefits. Accustomed to living on the breadline, most of the benefits money gets sent back to Romania and Bulgaria. Including money for the children who have never been to the UK and the money stolen or from other criminal 'enterprises'.
Jan 03rd, 2015 - 03:49 pm - Link - Report abuse 0Probably best to shoot every Bulgarian and/or Romanian on sight. Together with Poles, Estonians, Latvians, Lithuanians, Hungarians, Slovaks, Slovenes and Czechs. But they should be given 24 hours to get out of OUR country. With only what they can carry. and being strip-searched as they leave. British armed forces need to be deployed to southern and eastern coasts with orders to shoot to kill. Individuals, boats, ships, aircraft. Fire on them all. Europe is not our concern. Might consider its problems once Britain is safe. No more migrants. And those already here to be ejected.
Multiculturism to be rejected. Anything that isn't British to be demolished, destroyed, banned, prosecuted, penalised. Example; 50 years in gaol for wearing a burka in public.
“Dragnet” sounds like Daddy Bear;
Jan 03rd, 2015 - 04:30 pm - Link - Report abuse 0”“We have to avoid too-high inflation and we have to avoid too-low inflation as well,” [it has to be just right] Draghi said.
Couldn't organise a piss-up in a brewery, any of them.
Meanwhile, the Euro rate against the £Sterling makes for exceedingly good holidays.
Jan 03rd, 2015 - 06:50 pm - Link - Report abuse 0Apparently A French official stated yesterday that France would roll out the red carpet if the UK left,
Jan 04th, 2015 - 07:46 pm - Link - Report abuse 0French politics at its best perhaps,
the Euro will collapse sooner or later,
as its letting in more and more baskets...lol
Don´t worry what will or not happen to the Euro!!
Jan 05th, 2015 - 02:46 am - Link - Report abuse 0just leave......as soon as you can. Why wait for a refrendum 2017!!??
DO IT TOMORROW!! PLEASEEEEEE!!!
Tomorrow never comes,
Jan 05th, 2015 - 07:15 pm - Link - Report abuse 0not my decision,
we will go as soon as,.
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!