Groucho Marx once famously pointed out that: "I don't want to belong to a club that will accept me a...
Groucho Marx once famously pointed out that: "I don't want to belong to a club that will accept me as a member." Right now, the new members of the EU are feeling that way about the euro. They are allowed into the club, yet they are no longer sure they want to join. The original three recalcitrant nations, the UK, Sweden and Denmark, have turned their backs on euro membership. Now countries such as Poland, Hungary and the Czech Republic are set to join them. They are making the right decision. The policies demanded for membership are wrong for fast-developing economies. Worse, the euro ar...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
