Former German leader: non-EU countries could join euro

Published: 23 January 2004 y., Friday
In a rare interview with the German daily Frankfurter Allgemeine Zeitung today, the former German Chancellor Helmut Kohl has said that countries not in the EU could join the euro. Mr Kohl, who was leader of Germany from 1982 to 1998, said, "I can imagine that one or the other country will adopt the euro without becoming an EU member". Mentioning Switzerland, which is not a member of the EU, he said, "I think that in the not too distant future people will pay with the euro in Switzerland. Because there, after several referendums, it will be recognised that the euro is good for Switzerland". He also cites the Ukraine as a possible euro member outside the EU. The former leader believes that this would be a good way to bring countries that do not have the possibility of joining the EU closer to the Union. Furthermore, Mr Kohl, who is thought of as one of the architects of the euro, criticises present EU countries who have decided to retain their own currencies - the UK, Sweden and Denmark. He says, "Some European Union countries have not adopted the euro. One could say they have stepped on the brakes. But time is against the laggards".
Šaltinis: euobserver.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Central Government Debt in January

According to the data presented by the Ministry of Finance, in end-January central government debt made up LTL26, 310.8 million or 28% of projected GDP for 2010 (LTL 93, 819 million). more »

China crisis getting worse

As far as countries affected by the economic crisis, China fared extremely well. more »

State aid: Commission authorises temporary Slovak scheme to grant limited amounts of aid of up to €15,000 to farmers

The European Commission has authorised today a Slovak scheme with a budget of approximately €3.32 million which aims at supporting farmers in Slovakia who encounter difficulties as a result of the current economic crisis. more »

Europe 2020: Commission proposes new economic strategy

Commission sets out a 10-year strategy for reviving the European economy, casting a vision of ‘smart, sustainable, inclusive' growth rooted in greater coordination of national and European policy. more »

Europe 2020: Commission proposes new economic strategy in Europe

The European Commission has launched today the Europe 2020 Strategy to go out of the crisis and prepare EU economy for the next decade. The Commission identifies three key drivers for growth, to be implemented through concrete actions at EU and national levels. more »

EU Aid Programme for Turkish Cypriot Community

Launching of the “SCHOOLS’ initiative for innovation and changes” Grant scheme. more »

Transaction tax and debt moratorium needed to meet development needs, say MEPs

EU Member States must not only deliver on their international aid pledges, but also bring in a financial transactions tax and a temporary debt moratorium, to help developing countries to cope with the effects of the global financial and economic crisis, said the Development Committee on Monday. more »

EBRD offers new funds to promote sustainable energy investments in Slovakia

The EBRD is increasing its commitments to promote sustainable energy projects in Slovakia with a new €90 million funding under the existing Slovakia Sustainable Energy Finance Facility (SLOVSEFF) to ensure continuous implementation of energy efficiency and small renewable energy projects. more »

During 2009 Bank SNORAS earned LTL 8.7 million profit

According to the unaudited data, in 2009 AB Bank SNORAS earned LTL 8.7 million profit. The bank’s assets grew by 11 per cent up to LTL 6.342 billion during 2009 and were by LTL 647.8 million larger than at the beginning of 2009. more »

Airport charges: security is Member States' responsibility, say MEPs

Aviation security measures that go beyond common EU requirements should be paid for by Member States, not by passengers, said Transport Committee MEPs in a vote on Monday that could put Parliament on a collision course with the Council of Ministers. more »