And in other good news out of Europe...
The Euro is tanking,
hitting an eight-month low last Wednesday.
Germany is thinking about an alternative -- from
the BBC:
Euro report whips up German storm
A political storm has broken out in Germany over reports that the government may be distancing itself from the European single currency.
Stern magazine said that Finance Minister Hans Eichel had been present at a meeting where the "collapse" of monetary union was discussed.
The government is planning to blame the euro for Germany's economic weakness, the magazine added.
Makes a lot of sense -- some EU nations economies are in the crapper (to use a technical term) but Germany has a pretty strong business and industrial market going.
No sense for Germany to tie its currency to one that is failing...
Posted by DaveH at June 2, 2005 2:59 PM