The expansion process of the euro area is not optimistic
October 25, 2019 08:37 Source: "China Social Sciences" Journal of Social Sciences, October 25, 2019, Issue 1801 author: Wang Junmei/Compilation

October 10,The official website of the Belgian think tank Palezer published an article by the senior researcher of the agency, ZSOLT DARVAS,Join some southern European countries in the euro zone from 1999-2008,After experiencing the trauma of economic development,And has been facing difficulties in the development process since then,This has left a shadow for the China -Europe countries that have not yet joined the euro zone。pragmatic,The weak national policy is the main cause of difficulties,But joined the euro area so that some southern European countries can promote credit prosperity by reducing actual interest rates by 2008,Therefore, due to excessive complacent, bet365 best casino games the potential vulnerability of the euro area is ignored。

Current,Several countries in EU member states have not joined the euro zone,The expansion process of the euro area seems to be stagnant。Professor Marek Dabrowski, a professor at the National School of Economics, Russia, said,Some non -euro zone countries are not very active.。From the political level,These countries are unwilling to transfer more sovereignty to the European Union,Not willing to give up the national currency that is regarded as a symbol of sovereignty。During the financial crisis of the euro zone from 2010-2013,Politicians in non -euro zone countries have expressed doubt about the sustainability of the euro project,and take a wait -and -see attitude towards the euro area。From the economic level,Some countries are unwilling to join the euro area,Usually because of the benefits of unwillingness to abandon the elasticity of the exchange rate。Of Bet365 app download course,It is not ruled out that some non -euro zone countries have failed to meet the standards formulated by the European Monetary Alliance,So I cannot enter the euro area。

The biggest concern for people to join the euro area is,Greece、Italy、economic problems that have occurred in countries such as Portugal and Spain will repeat itself in their own country。Dalvast thinks,These countries experienced unsustainable development from 1999-2008,Some of the reasons are inseparable from their choices to join the euro area,and since 2008,The development of these countries has always been difficult。The incomplete management of its own management and uncertainty of future development have also caused some countries to take a wait -and -see attitude。In addition,Get qualifications for member states of the euro zone,It means to increase the degree of policy integration with other member states Bet365 lotto review of other euro zones,That is more common decision -making and coordination work,This may not be popular among countries that are suspected of European political parties in a strong position。

Dalvast Representation,Euro area expansion has sufficient economic and legal support support。Where,The main economic arguments are: Euras District member states can eliminate exchange rate fluctuations and related uncertainty and transaction costs,Increasing economic definitation helps to promote business planning and commodity production; the qualifications of member states of the euro zone can also make the market price more transparent,to promote competition、Improve productivity; European Central Bank's monetary policy and supervision of the banking industry,It can improve the reputation of the economy of member states and enhance its financial stability。The main legal argument is: all EU countries except Denmark and the Bet365 app download United Kingdom,All have promised to join the euro area。

Dabroseki said,The expansion of the euro area has potential benefits to the European Union。The euro zone is an important structure that enables EU countries to achieve integration,From the current point of view,The gap between the euro zone country and the non -euro zone country is getting larger and larger,It may have a negative impact on the EU's decision -making,Destroy the cohesion of the joint challenges of various countries。This "dual -track" economic governance mechanism will also adversely affect the operation of the European Union,Non -euro zone countries may worry about being marginalized and prevent the euro area from taking new integrated measures。

From the perspective of Dalvast,Whether to join the euro area,The current non -euro zone countries in Central Europe may be economically successful。Of course,The approach to agreed to join the bet365 live casino games euro area is worthy of respect,Because this choice can strengthen the identity of European values ​​in EU members。

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