Belfast Telegraph

Saturday 22 November 2014

Euro needs to be partitioned

Surely recent events in Cyprus just go to show that the euro is all but finished in its current form?

How many more similar incidents are we going to get like this in southern Europe before all the European technocrats admit they were wrong and should never have launched the currency in the first place?

However, if they do insist on maintaining the currency, then surely the only sensible option is to 'partition' the euro into a northern euro and a southern euro.

This way, at least nations using the same currency will all have a similar economy, instead of the current 'one-size-fits-all' system, which is clearly not working and has never worked from day one.

ANDREW McKEEVER

Carrickfergus, Co Antrim

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