what information are these predicitions based on ?
Hope.
But that's not to say it won't happen tho. 12+ months is too far off to predict with any great certainty. They're erring on the upside rather than the downside.
Surely this would not solve a thing though? Our debts are denominated in Euros so it would presumably still have to be paid back in Euros regardless of what currency we decide to go with locally to try and get ourselves out of trouble.We should actually take back the power of interest rates and devaluation but it's seen as too radical. It's not though because with so many countries opting into the EU there is more opportunity for nations who are brave to opt out (and I don't mean opt out completely)
It's not though because with so many countries opting into the EU there is more opportunity for nations who are brave to opt out (and I don't mean opt out completely)