Germany : Give up your crowns and zlotys

Published on 13 December 2010

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“Germans push Czechs: accept the euro and pay up,” headlines Lidové noviny on 11 December. According to the Prague daily, Angela Merkel has proposed to the Czech and Polish prime ministers, Petr Nečas and Donald Tusk, that they trade in the crown and the zloty for the euro. “The entry of ‘fiscally responsible’ countries into the eurozone would bolster the position of the northern nations (Germany, Austria, Netherlands) in the debate over the future of the euro, against the southern countries, headed by France, known for being the most spendthrift.” Poland and the Czech Republic have yet to respond to the proposition, notes Lidové noviny, adding that “the days when the eurozone was a prestigious club with strict rules of admission are now over”.

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