why would any group of nations try to get a common currency at this time, just as the euro project may be falling apart before our very eyes?
the general consensus is that the irish, greeks, et cetera are in such deep economic doo-doo in part because they are part of the euro zone. that means they can't devalue their own currency to get them out of this mess, because they don't have their own currency anymore.
a few year ago, i can see why a common currency would look really appealing. but these days, unless there is some agreement about how the currency will be controlled (i.e. which central bank will do it and which countries have a say over what that central bank can do), i don't see anyone else taking the plunge.
