Such differences will make it harder for the eurozone to make the changes that would be needed to make the single currency sustainable, the analysts suggest. On the rule of law, levels of corruption and the quality of domestic regulation, northern European countries such as Germany, Finland and the Netherlands are scored significantly better than southern European countries. Political differences, including how closely governments adhere to their own rules, also widen the gap between eurozone members, the report says. Please Subscribe to my channel, at least one new karaoke video everyday, ThanksVT - voice toneAVT - adjustable voice tone (speaker bal to the left)NVT. Separate education, research and technology indicators also show significant divergence between the 11 eurozone countries examined.įor example, Finland, Austria and Germany all show significantly higher scores for educational attainment and research and development expenditure as a percentage of GDP than countries such as Italy, Spain, Portugal and Greece. When the single currency was created in 1999, its advocates argued that common economic rules would help its members converge economically, making a single rate of interest more and more suitable to all.įor example, the report cites lower savings rates in Portugal and Greece, for example, compared with Finland and the Netherlands. However, the report concludes that whether or not Greece is forced out of the single currency, the eurozone will still face deep-seated problems that must be resolved by either a break-up or full-blown political integration. Greek central bank warns of ‘uncontrollable crisis’ if aid talks fail in starkest message yet.Greece faces IMF default July 1 as hopes of a breakthrough in talks all but vanish.What is the worst that could happen if Greece actually defaults Release Date: Not Yet Rated Directors: Eric Appel Writer: Weird Al Yankovic, Eric Appel.The study is being serialized in The Daily Telegraph at the start of a potentially decisive week for the EU and its currency, with Greece once again facing a potential exit from the eurozone. The research, by economic consultants from the ECU Group, is part of Change, or Go, a wide-ranging study of Britain’s European Union membership and future prospects. 'I have no doubt whatsoever that this is the role. Yankovic said: 'I am absolutely thrilled that Daniel Radcliffe will be portraying me in the film. Weird Al is played by Daniel Radcliffe, who is known for his role as Harry Potter. Demento makes cameo as one of the people exiting the theater. In the music video, the kid pulls out his spray paint at gate 27. This advertisement has not loaded yet, but your article continues below. Daniel Radcliffe will star as Weird Al in his upcoming biopic Credit: Getty Images - Getty. Fay, Nancy Kerrigan, and John Bobbitt, which were all the subjects of the song and of the headlines in the 90s.
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