by dksbbs » 07 Mar 2010 00:29
There are 27 countries in the EU, out of those 16 countries use the Euro, the other 11 either have decided not to use the Euro (eg UK, Denmark) or are not eligible to use the Euro due to the country finances, I doubt Turkey will be able to join the Euro for some time to come, first step is to join the EU but they still have a lot to do getting there economy straight and stable as well as inflation rates down first.
Regarding the Greek debt all they need to do is to sell the Greek side of Cyprus to Turkey, this resolves two issues, the Cyrpriot question and Greece's balance of payments, this would accelerate Turkeys entrance to the EU as the cyrpiot question is the major stumbling block on memership, I can't see it happening though and if it did happen I could see another Northern Ireland, ireland situation happening.
I'm glad I'm not a politician.
Dave
edited to correct awful English.