As Poland votes overwhelmingly to join the European Union, the United Kingdom announces that it wants to postpone the decision about joining with Europe on a single currency. It is no wonder that they have postponed this, given the remarks of a former Bundesbank Director.
"Germany is suffering its worst economic crisis in decades. We are in bad shape and euro membership has played a major role in limiting our policy-making room for manoeuvre."
"The present euro zone structure is devastating for Germany. Our economy is bleeding. And I am convinced the UK would be crazy to join - you should stay out for as long as I can foresee."
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