Tuesday, December 27, 2011

Honeymoon over for Europeans and their money

The euro, rolled out as a cash currency with a string of promises about easy travel, European unity and stable prices, has left crisis-rattled consumers decidedly ambivalent a decade on.

On the streets of Berlin, Madrid, and Bratislava, the view is similar: despite its clear upsides, the transition to the euro hiked the cost of living even as it introduced deep political and economic uncertainty in the bloc.

AFP