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To: MadIvan
Whose bright idea was the euro?
4 posted on 11/23/2002 4:16:24 PM PST by aristeides
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To: aristeides
Well one of the chief architects was Jacques Delors. In 1994, he said to a Russian, after the abolition of the Soviet-based rouble clearing system in Eastern Europe:

"But how can you have abandoned something like that, when we drew inspiration from your system by introducing the ECU?! Our ECU is a European adaptation of what you did in COMECON."

Regards, Ivan

6 posted on 11/23/2002 4:22:47 PM PST by MadIvan
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