Europe
News and information from Europe πͺπΊ
(Current banner: La Mancha, Spain. Feel free to post submissions for banner images.)
Rules (2024-08-30)
- This is an English-language community. Comments should be in English. Posts can link to non-English news sources when providing a full-text translation in the post description. Automated translations are fine, as long as they don't overly distort the content.
- No links to misinformation or commercial advertising. When you post outdated/historic articles, add the year of publication to the post title. Infographics must include a source and a year of creation; if possible, also provide a link to the source.
- Be kind to each other, and argue in good faith. Don't post direct insults nor disrespectful and condescending comments. Don't troll nor incite hatred. Don't look for novel argumentation strategies at Wikipedia's List of fallacies.
- No bigotry, sexism, racism, antisemitism, islamophobia, dehumanization of minorities, or glorification of National Socialism. We follow German law; don't question the statehood of Israel.
- Be the signal, not the noise: Strive to post insightful comments. Add "/s" when you're being sarcastic (and don't use it to break rule no. 3).
- If you link to paywalled information, please provide also a link to a freely available archived version. Alternatively, try to find a different source.
- Light-hearted content, memes, and posts about your European everyday belong in other communities.
- Don't evade bans. If we notice ban evasion, that will result in a permanent ban for all the accounts we can associate with you.
- No posts linking to speculative reporting about ongoing events with unclear backgrounds. Please wait at least 12 hours. (E.g., do not post breathless reporting on an ongoing terror attack.)
- Always provide context with posts: Don't post uncontextualized images or videos, and don't start discussions without giving some context first.
(This list may get expanded as necessary.)
Posts that link to the following sources will be removed
- on any topic: Al Mayadeen, brusselssignal:eu, citjourno:com, europesays:com, Breitbart, Daily Caller, Fox, GB News, geo-trends:eu, news-pravda:com, OAN, RT, sociable:co, any AI slop sites (when in doubt please look for a credible imprint/about page), change:org (for privacy reasons), archive:is,ph,today (their JS DDoS websites)
- on Middle-East topics: Al Jazeera
- on Hungary: Euronews
Unless they're the only sources, please also avoid The Sun, Daily Mail, any "thinktank" type organization, and non-Lemmy social media (incl. Substack). Don't link to Twitter directly, instead use xcancel.com. For Reddit, use old:reddit:com
(Lists may get expanded as necessary.)
Ban lengths, etc.
We will use some leeway to decide whether to remove a comment.
If need be, there are also bans: 3 days for lighter offenses, 7 or 14 days for bigger offenses, and permanent bans for people who don't show any willingness to participate productively. If we think the ban reason is obvious, we may not specifically write to you.
If you want to protest a removal or ban, feel free to write privately to the admin that applied the rule (check modlog first to find who was it.)
view the rest of the comments
As a Canadian, yes please! Using the Euros sounds great too if it means less conversion fees.
Youβd be surprised to learn how many EU countries never adopted the Euro despite promising they would. As far as I know every EU country except for Denmark made the pledge but many of them never followed through.
The only two countries that have/had real and unique opt-outs concerning the Euro are Denmark and formerly the UK. All other countries technically must eventually adopt the Euro in line with their EU membership.
The only other country actually not introducing the Euro despite meeting the economic criteria for a long time is Sweden. Their people said no in a referendum in 2003, so the government simply doesn't join the European Exchange Rate Mechanism (ERM II), which you also must be a member of for two years prior to be allowed to adopt the Euro.
Sweden should just grow some balls and join the euro.
Since 2023, at least there were some polls showing a pro-Euro majority for the first time. Maybe the global turmoil will tip the scales. Especially since the Krona effectively already follows the monetary policy of the Euro quite closely, from what I've heard.
~~It does, in economics is said to be "pegged" to the euro.~~
So I wonder what's the point of keeping the krona (and I wonder the same for Denmark).
Just adopt the euro and make things simpler for companies, tourists, etc.!
Edit: I'm wrong, see below
DKK is pegged, SEK is not.
Oops! My bad. So another reason to switch to the euro!
People and their traditions. For some, it might feel like losing a part of their identity. Our domestic far-right party of course also eyes with the return of the good old pre-Euro currency.
I once heard of a Swedish company that used Euros internally. So I looked it up and indeed, the Swedish Companies Registration Office specifically permits either SEK or EUR as accounting currencies for limited companies in Sweden. In such a case, using the Krona is almost merely cosmetic.
Our export dominated economy might make the euro a hard sell. Floating the dollar is very helpful since we can devalue it easily and boost exports. Being on the euro has some major downsides.
That said, also some major upsides. It's just not a pure win.
I see it as a balance: with the euro you can't change the value of the currency but you don't have to pay fees and taxes to sell to 500 million possible customers.