Wednesday, January 31- European Union

Wednesday, January 31

Between January 10 and January 22, a poll was conducted in Italy, France, German and Spain asking the people of these countries if they prefer the euro to their previous currency. These are the four biggest countries using the euro. I was surprised when I learned that "more than two-thirds of the French, Italians, and Spaniards, along with a majority of Germans, said the euro has had a 'negative effect' on their country's economy."
When these people were asked how they thought their change of currency effected the economy of the European Union, five percent of the French citizens polled, and a majority of the citizens of Germany, Italy, and Spain polled admitted that it did have a positive impact.
All of these countries, though they admit that the change in currency has a very positive effect on the regional economy, wish that they still used their previous currency.
I think that this has to do with the fact that people just do not like change. In history, different countries have trust issues with one another about the spread in power, and now that they all share the same currency, they are relying on each other more than before. However, there are many positives. The trade world will greatly improve, travel will be easier, and it will give them a reason to communicate more with each other, especially in the economic world. I found it interesting that so many people are so negative about the change.

http://www.eubusiness.com/Euro/euro-poll.27