What will happen to the euro

The collapse of the single currency, the dissolution of the euro zone are not beneficial to anyone. The importance for the world’s largest economies of the sustainability of this currency is evidenced, for example, by the fact that on May 10, on the eve of the decision to help the countries of southern Europe in the amount of more than € 100 billion, according to media reports, he conducted telephone conversations with Angela Merkel and Nicolas Sarkozy , prompting them to decisive action.

The euro is undoubtedly the most liquid and popular alternative to the US dollar, which is needed by very many to maintain the economic balance in the world. Continue reading →