C. J. Morse: Strong currency left by EU in ruins ((EU ro + bust).
Several more such episodes caused the Chinese government to cease issuing paper currency, leaving the matter to private bankers.
First, it would take several months to design, print and distribute an entirely new currency, leaving a departing country bereft of new cash.
Plastic roses and carnations grace the alcove, along with a flutter of lempira notes, the country's currency, left for the poor.
New York senator Chuck Schumer said: "For years, China has rigged the rules and played games with its currency, leaving American workers out to dry.
Perhaps Italy and Spain might be wondering if they too could be better off with a sovereign currency, leaving a tighter deutschmark zone to the north.
But polls consistently show that the majority of Greeks are pro-EU and want to remain in the single currency, leaving the eurozone and European Commission facing an impossible dilemma.
Trade has declined only a little with other countries that are members of the European Union but do not use the euro currency, leaving Germany's overall trade surplus at 162.7 billion euros, 3 percent higher than it was a year ago.
But recently the debate in those countries is more focused on Germany quitting, maybe with the Netherlands, France and a few others to form their own currency, leaving the weaker ones with a devalued euro.
In the eurozone – where membership of a single currency leaves less room for manoeuvre, and years of spending cuts have meant extensive social and economic devastation – around one in 10 remain out of work.
