When the Euro replaced the Guilder in NL, all prices and pays, except for the hospitality (hotels, pubs, restaurants and the like) branch and grocery branch were correctly exchanged. A Euro was 2,2 Guilder, so 220 Guilders became 100 Euro. In the before mentioned branches 1 Guilder became 1 Euro, with only a handful exceptions. Let's not blame the Euro for this, but the greedy shopkeepers, pubkeepers and the like. They took shamelessly advantage of the coming of the Euro to make a bigger buck. So far for increasing prices.
Trouble was that the government and the bosses and so on, exchanged it fairly. So the effect was that you kept earning the same, while prices went up. This is -again- not the fault of the Euro, but from ppl who took advantage of the situation. Nowadays it's pretty levelled again as those greedy bastards realised that they couldn't keep up with this scam and lowered the prices.
Big benefit of the Euro is international travel and trade. I personally think it's great that I don't have to count back, don't have to go to an exchange and ALWAYS losing money in the process of having my dough exchanged for some other currency.
I think in the long run it would be very good for PL if they would adopt the Euro. It will increase their position in the market and has loads of other benefits for country and ppl.
It's nonsense to state that the Euro will cause bancrupcies. The small ppl who go bancrupt with the coming of the Euro would've either go bancrupt anyway OR they are living of loads of illigal black money, which the coming of the Euor will render useless.
What I find funny that on this thread there are Americans present that advise against the Euro, saying that the small ppl will lose out on the Euro. What the heck? Americans don't know about the workings of this system, heck, they barely know how their own system works, so it would be appreciated if they didn't participate, or if they do, bring in some constructive ideas, comments, or sth and not negativism, scaring ppl to bits.
As far as the UK is concerned. They are being put under considerable pressure to adopt the Euro as well. Not only from the EU, but also by captains of industry as well, who see millions and millions of dollars/pounds/euros go down the drain due to the exhorbitant exchange rates.
The minuscule benefits to business don't outweigh the lack of monetary control for the state. The countries that haven't adopted the euro haven't seen any drop in trade.
monetary control of the state? Let me tell you: millions and millions are getting lost every week/month due to exchange rates. The countries who haven't adopted the Euro are doing less than the ones that did. I wouldn't want to take Greece as an example, they fcuk up everything anyway, Euro or no Euro. And why is there so much pressure from within in those non-Euro countries to adopt it?
M-G (Euro would be a blessing for PL)