Thailand News

Breaking news headlines

Euro zone will break up, Bank of Thailand Governor predicts

1 min read
Euro coins and banknotes

Euro banknotes and Euro coins. Photo: Avij.


Bank of Thailand Governor Prasarn Trairatvorakul envisions the eventual break-up of the euro zone.

Much depends on the euro economies’ commitment to the handling of their structural problems and agreement to amend the Maastricht Treaty to embrace fiscal and labour integration, which are the kingpins of monetary integration.

The United States went through this crisis over 200 years ago when its currency, the dollar, was first conceived. To ensure that the dollar was the only currency in the country, the US needed fiscal integration of all states.

Read more: The Nation


Leave a Reply

Copyright © 2020 Thailand News. The content of this website does not necessarily reflect the opinion of Thailand News. All photos and articles are copyright to their respective owners.

By using the site you agree and accept the terms of this Privacy and Cookies Policy. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close