Quote
"ECB [European Central Bank] President Mario Draghi’s famous promise to do ‘whatever it takes’ to preserve the eurozone was a masterly move to buy time. But monetary policy cannot solve the currency union’s problems."

Euro
Euro
The euro is the official currency of 21 of the 27 member states of the European Union. This group of states is officially known as the euro area, more commonly named the eurozone. The euro is divided into 100 euro cents.
"ECB [European Central Bank] President Mario Draghi’s famous promise to do ‘whatever it takes’ to preserve the eurozone was a masterly move to buy time. But monetary policy cannot solve the currency union’s problems."
"With the euro, that form of pressure has gone."
"The euro is bad for Europe. The euro is bad for the Netherlands, it’s especially bad because it is a stimulus for politicians to kill the Welfare State. I look forward to a European economy using multiple currencies. In the end that will be much better: it will make us more resistant to shocks and makes us less vulnerable to what is happening now."
"Our Union is more than an association of states. It is a new legal order, which is not based on the balance of power between nations but on the free consent of states to share sovereignty. From pooling coal and steel, to abolishing internal borders, from six countries to soon twenty-eight with Croatia joining the family this has been a remarkable European journey which is leading us to an “ever closer Union”. And today one of the most visible symbols of our unity is in everyone’s hands. It is the Euro, the currency of our European Union. We will stand by it."