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Thread: Polish Finance Minister Tells It Like It Is

  1. #51
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    Quote Originally Posted by Ex celt View Post
    he is english.
    I think Polish-English would be a better adjective to apply.

  2. #52
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    Quote Originally Posted by Impartial_Eclipse View Post
    I think Polish-English would be a better adjective to apply.
    Let's settle on Anglo-Polish.It has a ring to it.
    Are you just up after your joust with the Californian grape?

  3. #53
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    Quote Originally Posted by Ex celt View Post
    Let's settle on Anglo-Polish.It has a ring to it.
    Are you just up after your joust with the Californian grape?
    No. I've been up hours.

  4. #54
    Politics.ie Regular jcdf's Avatar
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    Quote Originally Posted by Impartial_Eclipse View Post
    Poland's finance minister has said it would be "absurd" for any country to have confidence in the euro given the current economic environment."

    Well said, Mr Rostowski. The only thing I don't understand is why so many non-eurozone countries are signing up to the Fiscal Compact Treaty. 

    Why put on the straitjacket if you're not already in the asylum?

    Source:
    Poland 'begrudgingly' signed up to fiscal pact - RT News
    Half of the world's money is held in European banks. The Euro is the world's second largest currency. The phrase 'too big to fail' comes to mind here. Maybe that is the reason.
    Economic Left/Right: -0.50
    Social Libertarian/Authoritarian: -0.77

  5. #55
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    Quote Originally Posted by jcdf View Post
    Half of the world's money is held in European banks. The Euro is the world's second largest currency. The phrase 'too big to fail' comes to mind here. Maybe that is the reason.
    Maybe it won't be allowed to fail. The point is that remaining within the eurozone will be difficult for any country whose economic attributes don't match that of the eurozone core, especially Germany.

    And when it comes to managing the currency, whose interests will be paramount in the view of the ECB, do you think? The struggling periphery or the core countries?

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