Riikka Purra wrote that, according to her, it is practically impossible to exit the euro because there is no clear mechanism in the agreements for doing so, unlike the EU, from which one can exit under Article 50. She stated that the monetary union was intentionally made as binding as possible so that member states could not easily disengage in times of trouble, and she assessed that wise individuals had been left out of this. Purra noted that various exit models had been developed, but she considered all of them to be difficult and risky. She also assessed that the future of the euro is likely to be difficult. #euro #EU #rahaliitto (translated)
