At the time of Greek entry to the Euro is was well reported by Euro dissenters that the "entry criteria" had been fudged to let them in. The same keeps happening with a whole load of different Euro entries. The classic examples on other areas of the differences on limits on baby food between Denmark and the rest of Europe and the fact that French countries blockaded British produce from being sold...So the upshot of all of this is two fold: 1. you cannot have an economic union without some form of STRONG political union (someone on this forum quoted the California debt as a good example). 2. There were politics driving the expansion and path of the Eurozone, and hence principles of entry were waived.I was a Eurosceptic, and with typical timing, I changed my mind about 2 years ago: the reason being that there are some huge powerhouse economies that UK, Germany, France etc cannot combat on ourselves. In terms of work ethic there is a HUGE difference between UK and Germany IMHO. UK has a large populace of people who are expecting something fro the state, France has less average hours worked that the UK, but a slightly larger GDP.I fancy a nice dinner so let me think about the problems posed by trackstar.