UK, Norway, Switzerland/Liechtenstein and some spots like Gibraltar and Monaco seem to be good places to go to

Only Denmark has a full opt-out from the Euro, no? Everyone else would be on the hook

02bcd3eeb0

It includes all EU member states. We'll see how Hungary will vote. But the pressure on Orban is high

GhostofTruth

"Europe will be able to introduce a new level of massive debt and put the European taxpayer behind the planned bonds as collateral."

Do you think this will be a situation for the list of current Euro adopted nation's taxpayers, or would other EU member state taxpayers (Sweden, Denmark, Hungary, Poland, Romania, Czech Rep. and Bulgaria) also possibly be on the hook for this monstrosity of a policy?

Just asking, thinking if I was considering adopting the Euro next year (Bulgaria??) I'd be seriously asking myself WTF.

news

Blumenberg confirms my thesis on Eurobonds

@TomK

"Europe will be able to introduce a new level of massive debt and put the European taxpayer behind the planned bonds as collateral."

Do you think this will be a situation for the list of current Euro adopted nation's taxpayers, or would other EU member state taxpayers (Sweden, Denmark, Hungary, Poland, Romania, Czech Rep. and Bulgaria) also possibly be on the hook for this monstrosity of a policy?

Just asking, thinking if I was considering adopting the Euro next year (Bulgaria??) I'd be seriously asking myself WTF.