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The financier and businessman Emmett O’Connell, formerly of Aminex and Eglinton Oil and still successfully engaged in the international mining business, has long held the view that abolishing the Irish pound and joining the eurozone was the biggest policy error ever made by the Irish State. The Greek crisis and its drastic implications for the [...]

The article below from the Financial Times points to the lack of public debate across the EU on the real implications of the 1992 Maastricht Treaty’s proposal to abolish national currencies and replace them with the euro.
In Ireland’s 1992 referendum on the Maastricht Treaty the main thrust of public debate was [...]

Two similar articles from newspapers on the political Right and Left forwarded for your information by Anthony Coughlan:
TELEGRAPH
Tuesday 24.2.09
ECB faces mutiny from national bank governors as recession deepens
- The European Central Bank is capitulating.
By Ambrose Evans-Pritchard
For months the ECB held sternly to the high ground of orthodoxy as the US, Japanese, British, Canadian, [...]