Germany questions our entry into the Eurozone

[turkcyp]

[Kifeas]

Some people here seem to be with the illusion that there is an option for the Turkish Cypriots in the north to shift away from the Turkish Lira to any other currency.

If you believe that Turkey, on top of what it is already costing them to occupy Cyprus plus subsidizing the Turkish Cypriot “government” and economy, they will also accept to have to do this in a foreign currency, with all the additional costs that this entails, then you really do no not know what you talking about. You can have the luxury to shift currencies, if you are economically self sufficient and independed!

[Mete]

[Kifeas]

[pg]

[quote="turkcyp"]

[Mete]

[Leon]

I, for one, am dreading Cyprus's entry into the eurozone. Everybody I have spoken too here in Cyprus (I came here on the 22nd June) is worried about the adoption of the euro. It has been a very popular subject amongst the media too, and banks are predicted to lose 30,000,000CY as well as small businesses going down the pan or suffering majorly. Since Cyprus's accession to the European Union, which is typically super capitalist, the rich have got richer and the poor have got poorer. Traditional lifestyles have been destroyed and farms which have been in Cypriot families for generations have had to dispose of colossal amounts of fruit and other produce (my aunt has seen such elderly couples dumping them while sobbing inconsolably). Shifting the monetary system to some cash-grabbing pricks won't help. The euro is far from stable: it often fluctuates wildly and once lost 30% of its original value. Having the same interest rate across EUrope made Germany and Italy in recession when they needed lower interest rates and Ireland is suffering from high inflation because it needs a higher rate. Romania has also seen the bad effects of the EU which were inevitable really; due to the EU's authoritarian enforcing upon countries to allow an infinite number of migrants, educated Romanians have gone to Italy, Spain, and the UK where they can earn up to 10 times more than in their homeland. So these countries are getting full up with even more immigrants while poor Romania is losing an abundance of the skilled workers they crave.

Curse me all you like but I often feel like I'm part of a looked-down-on minority who is trying to preach the true prospective of what the EU and its uncalled for anti-agriculture anti-everything-that's-part-of-its-member-states'-indigenous-culture policies mean for small countries like Cyprus and Malta. I wish people paid more attention to the euroskeptics, who are making a lot of sense. . .

[repulsewarrior]

Leon, food for thought.

Cyprus was a prime example of a cooperative society. We still remain one of the most socialised countries in the world. Joining Europe, the European Union, is a natural extension of our desire for social-exchange with contemporary political states.

However, the change will marginalise our closeness to our Patrimony, as stewards to the history, and its heritage, that is attached to this island's land, already brought to the brink of extinction by Turkey's illegal occupation for now over thirty years.

Joining in the Euro will add more pressure on Turkish Cypriots to break with the subsistence that the Turkish lira offers. Greek Cypriots will have to reciprocate, (for Turkey's recognition), by providing the self-representation both societies desire, while reforming the Constitution of the Republic of Cyprus in a manner where it has no cultural bias, truly a representative of one State, equals, and as individuals.

[pg]

[cypezokyli]

i beg to dissagree leon

[Dhavlos]

thanks cypez....sorry leon, but you should really look at some 'pro eu' stuff....or even just books on how the eu works etc...ukip(any political party) are NOT a credible source.

Infact leon, the euro is quite a stable currency (it was in the first couple of years of its introduction that it dropped, but it has risen back since then...and is now stronger than the dollar i think. Infact, the euro is arguably becoming more influencial, in terms of thing being quoted in euros, not dollars....but in years to come, who knows)

and the freedom of movement thing.....it is this article, enshrined since the treaties of rome, that enables people to work anywhere in the eu, as sort of the forefront of the schnegen agreement (no checks between borders etc...no visas to travel round europe) and cheap holidays! and it is also the treaties of rome that have enabled people to buy holiday houses in spain or anywhere else in hte eu.