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The question facing the EU is no longer whether or not to use the Euro, because a collapse would be catastrophic, endangering the Union and leading to a currency-devaluation war, former top EU legal adviser Jean-Claude Piris told RT.
The time has come for a decision, the former Legal Counsel of the European Council says, which must be made in the coming weeks and months, not years. Desperate economic conditions have already forced many EU member-states to make concessions to populist-nationalist political parties, Piris adds.
The question facing the EU is no longer whether or not to use the Euro, because a collapse would be catastrophic, endangering the Union and leading to a currency-devaluation war, former top EU legal adviser Jean-Claude Piris told RT.
The time has come for a decision, the former Legal Counsel of the European Council says, which must be made in the coming weeks and months, not years. Desperate economic conditions have already forced many EU member-states to make concessions to populist-nationalist political parties, Piris adds.
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