Germany is economically and demographically dying .The Germans are demoralized like they were in 1920 .France is becoming islamic faster than they realize. Holland is on its way to become islamic . Italy has no growth and will likely leave the Euro Zone if recession persists .Spain was the net recipient of billions in subsidies from the EU and will go into economic decline when they end next year.the Euro is a currency without a state and with no future .The Brits would more likely become Germans than give up the pound ... The Euro is a socialist dream like the European Superstate .It will have the same end
Just for sake of realism I publish this smart map from Forbes
This a world map where countries are resized according how many cos' they have among the world 2000 biggest (according Forbes)
This stagnation have nothing to do with the Euro. It would have happend anyway maybe it would have been worse. The common market makes it easier to trade between countries and saves company time and money. Where do you think the US would have been with 50 states with boarders and passport compare to the common market. My guess is that living standard would not have been at the same level