I am encouraged by the no vote crawling steadily upwards to come back post a second comment.
If that evolving result is an indication of what my vote might have been it also underpins all the hesitations stated in my earlier writing.
If that evolving result is an indication of what my vote might have been it also underpins all the hesitations stated in my earlier writing.
The debate has been varied, many contributions have added new viewpoints as to what might lie in store for the Euro.
I remain stuck as ever in agonizing doubt torn between wishful thought and unfolding uncertainty - where there should be at least a semblance of predictability.
I remain stuck as ever in agonizing doubt torn between wishful thought and unfolding uncertainty - where there should be at least a semblance of predictability.
If the original political drive to create a single-currency aimed at speeding up European union now appears out of focus, one has to wonder whether economic strains may eventually prove too great that a break-up becomes inevitable.
Too soon to tell given the many twists and turns that took place since Greece first buzzed the emergency siren.
Too soon to tell given the many twists and turns that took place since Greece first buzzed the emergency siren.
As each of the 16 Euroarea countries grapples with internal problems overwhelmed by public finance imbalances and feeble economic growth - to varying degrees - the time has never been as ripe for doom-sayers.
Nonetheless, should the Euro pull through its lowest stretch to date and relevant economic growth return to Europe then a quick change in fortunes may be forthcoming.
As it is, the Euro's near 20% devaluation since the onset of the crisis represents a major breathing gap.
That gap which many economists traditionally favor as quick recipe to recover competitiveness already verified.
A downward adjustment against major currencies 'without a single shot being fired' or member countries getting kicked out to work that devaluation themselves in their old-new currency.
Nonetheless, should the Euro pull through its lowest stretch to date and relevant economic growth return to Europe then a quick change in fortunes may be forthcoming.
As it is, the Euro's near 20% devaluation since the onset of the crisis represents a major breathing gap.
That gap which many economists traditionally favor as quick recipe to recover competitiveness already verified.
A downward adjustment against major currencies 'without a single shot being fired' or member countries getting kicked out to work that devaluation themselves in their old-new currency.
One thing though is very clear to me: no amount of political will or generous intent and gesture at the best of times will suffice to hold the Euro area together indefinitely.
If overall conditions in weaker countries should worsen instead of showing marked improvement in coming years something will give in down the line.
What this means is that the Euro area as a whole but especially its weaker links must read the current situation accurately.Mostly, their own individual predicament within the Euro club which I assume each wants to continue belonging to.
If overall conditions in weaker countries should worsen instead of showing marked improvement in coming years something will give in down the line.
What this means is that the Euro area as a whole but especially its weaker links must read the current situation accurately.Mostly, their own individual predicament within the Euro club which I assume each wants to continue belonging to.
A more balanced Eurozone economy is certainly called for in the longer run.
This is in full knowledge that it is unachievable overnight.Or even over a short-to-medium timespan.
That broadly means surplus and deficit economies becoming less so.
The stakes are very high but no effort must be spared doing the right thing for the right reasons from a commonly shared objective.
For now governments appear resolute tackling the budget and taxes.
As important, if not more, is to strengthen economic growth in the years ahead.
This is in full knowledge that it is unachievable overnight.Or even over a short-to-medium timespan.
That broadly means surplus and deficit economies becoming less so.
The stakes are very high but no effort must be spared doing the right thing for the right reasons from a commonly shared objective.
For now governments appear resolute tackling the budget and taxes.
As important, if not more, is to strengthen economic growth in the years ahead.
A tough act to balance but a golden opportunity to review development and social priorities.
Many a country's direction seeking mainly self-sustaining income-earners for tangible wealth creation.
Many a country's direction seeking mainly self-sustaining income-earners for tangible wealth creation.
Hopefully for Eurozone's survival's sake Mark Twain will be disproved this time:
When all is said and done, more will have been done than said!
When all is said and done, more will have been done than said!
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