Tag: euro

Joining the Euro: Stern Advice for the Croatian Government

As Croatia’s lawmakers enter the final stretch toward euro membership, it is essential that they understand exactly what happened in Greece, and why. In five short years, 2009-2014, the Greek economy imploded: one quarter of it vanished. This was a direct result of the austerity packages that the EU and the ECB forced upon the government in Athens. What will Croatia do to avoid ending up in the same trap as Greece?

Dollar Gains on Euro and Sterling

At $1.0943 per euro on March 14th, the dollar stood at its strongest against the European currency since April 2019.