Marla_Singer
United in diversity
Croatia in, UK out.
That's good for the EU public debt and deficit average.
That's good for the EU public debt and deficit average.

Quick google search revealed that Croatia was downgraded to BBB- in 2010, so unless they made a marvelous change for the better, that's nonsense.Croatia in, France out.
That's good for the EU credit rating statistics.![]()
Lord I hope the Brits get the hellz out of the EU. They add nothing to the Union and don't get anything out either. Same with Denmark. The Danes don't need to be suckered into the eurozone.
It's rather the opposite. Think about it. Yes, they have no influence on interest rates and other monetary decisions done in the Eurozone but look what they have on their side: low/moderate inflation (through the peg), an opt-out on the costs of Eurozone bailouts (for the most part) while enjoying a stealth bailout as the Eurozone, the IMF and others scramble to stabilise the European banking system, a "non-Euro" label that apparently bodes well with investors and rating agencies (as reflected in the low cost of Danish debt despite a very high level of private indebtedness), and at least two monetary policy tools available that Eurozone countries don't have: The Danes can engage in QE or fire up the printing press, and they can break the peg anytime and let their currency float if they thought it necessary. For the moment, the Danish situation is overwhelmingly better than that of any Eurozone member if you ask me.Danish crown is pegged to the Euro, so for all intents and purposes it's like Denmark already was in the Eurozone, just without sharing any of the benefits. But hey, if that's what they want...
It gets you the benefit of pandering to your EU-skeptic population.Danish crown is pegged to the Euro, so for all intents and purposes it's like Denmark already was in the Eurozone, just without sharing any of the benefits. But hey, if that's what they want...
It's rather the opposite. Think about it. Yes, they have no influence on interest rates and other monetary decisions done in the Eurozone but look what they have on their side: low/moderate inflation (through the peg), an opt-out on the costs of Eurozone bailouts (for the most part) while enjoying a stealth bailout as the Eurozone, the IMF and others scramble to stabilise the European banking system, a "non-Euro" label that apparently bodes well with investors and rating agencies (as reflected in the low cost of Danish debt despite a very high level of private indebtedness), and at least two monetary policy tools available that Eurozone countries don't have: The Danes can engage in QE or fire up the printing press, and they can break the peg anytime and let their currency float if they thought it necessary. For the moment, the Danish situation is overwhelmingly better than that of any Eurozone member if you ask me.
They don't know what they are getting into!
Don't be. 90% of the people voting yes don't know what EU is.
Don't be. 90% of the people voting yes don't know what EU is.
They don't know what they are getting into!
Why should they suddenly be excluded?
The EU is like a mugged man whose wallet has already gone, but the Croatians are hoping there is still time to rummage through the pockets and pick up some spare change.
Even though I am a HUGE euroskeptic, there are benefits to being members of a free trade zone, which was were all this started after WWII. Its the EMU (European Monetary Union) and stronger political integration that's complete crap. All this boils down to the French trying to one up the Germans and the Germans getting the last laugh like always.
But you already can play as Croatia!During most of the time they were Hapsburg-controlled. The argument from the Opposition was that a sovereign Croatian entity would not be needed during the main portion of the game; the Government was firm in its conviction that allowing a Croatian state to exist in the game in some form could be a good thing.