Finance
20:47 22 July 2019
Post by: WBJ

Collapse of euro zone does not have to be a disaster – RPP

Collapse of euro zone does not have to be a disaster – RPP
source: Wikipedia

“The collapse of the euro zone would be a shock, but a relatively small one. It would also have its advantages,”  Eryk Łon, member of the RPP (Monetary Policy Council), wrote in a statement. In his opinion, those advantages could be felt by countries which, like Poland, are building a “culture of stability.”

“If the scenario of the euro zone’s breakup is seriously considered, it should not be feared. Obviously, such a scenario could be associated with some problems, but it would be a small shock, due to the stability of the zloty,” Łon added.

(PAP)

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euro
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eryk łon

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