And what, exactly, does the EU gain by this?
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What are the benefits of the Euro reserve currency status? Secondly why doesn't these soverign countries qualify? Thirdly what exactly is the euro reserve currency and what qualifies a country to attain status?Does qualification hinge on the seeking country having a reserve of their own?, which in point they would not need help.The corruption of the financial sector has gone full circle.Italy,Spain,Slovenia,Belgium and Cyprus are in the cookie jar and others are sure to follow.The 4D-Overlords and their nannies are at it again,Monsanto and their no testing needed for GMOs and now Fitch has downgraded 5 Soverign Nations, what gall! What utter nonsense!