For example, it does not thoroughly examine the issue of the democratic control of the single currency, as this issue seems practically impossible to solve.
In introducing a single currency, we must have a goal, and this should naturally be employment.
We must move towards the single currency with policies of employment and social cohesion, and parallel fiscal harmonization.
The debate demonstrated that many other requirements, which can affect the long-term stability of the single currency, are justified.
Indeed, in one way or another somebody will have to bear the costs of the foreign exchange risk between any euro and non-euro currency.
The benefits of a single currency will include increases in terms of output, employment and trade.
Surely asking for an irrevocable linking of a currency, which means for ever, is asking too much.
Demand for the euro as a world currency is comparatively weak.
