Sweden's PM has accused Germany, France & Italy of behaving improperly by not preparing for the downturn and, thus, hurting the euro. He also said that Sweden might have to delay joining the Euro if the stability pact rules fell apart. Well, first Germany, now France is in breach, falling apart can't be far behind.
Bad news for Ireland, but it was always a bad idea to join a currency with nations that only comprised about a third of your imports and exports. Joining the dollar made as much sense economically. Ireland should have remained out of the euro as long as Britain was out.
