Question:

Will Ireland leave the Euro and return to the Punt?

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http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/04/06/ccliam106.xml

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18 ANSWERS


  1. There are strongly compelling reasons to remain with the Euro, and it was in fact a huge mistake on the part of the British not to join at the same time as Ireland did.  

    As to the newspaper article, don't forget it comes from the Telegraph.  There are issues on which the Telegraph is devoid of reason, and this is one of them.


  2. I got as far as:

    "Bertie Ahern was ... widely admired as the most successful Irish leader of modern times."

    and knew the journalist must be an idiot.

    Apparently we've been enjoying a "property bonanza" We have? Really? Have I missed something?

    And we didn't join the euro to p**s off the english, we did it because the punt was as weak as Brad Pitt's Irish accent. We don't really care about what the Brits think of us.

    Eddie Hobbs need to give this guy a good canning.

  3. As a foreigner in Ireland, I applaud the Irish for once in their lives doing something to prove that they are an independent country, ie. having joined the Euro.

    Hopefully, you guys one day will do this continually, by starting to build appartment buildings instead of ridiculous houses, and who knows, one day, drive on the correct side of the road. Congratulatons to the Irish for using the Euro and showing you are not a colony, and I don't think you should ever go back in that decision!

  4. Never. However, god i wish that Northern Ireland would join the Euro Currency. If you live in Donegal you dont even have to travel half an hour out the road and you have county Derry with a different currency. If you change your euro to sterling you see a massive loss of money as E100 = £66. Thats when you change money at the cash beureo, if you hand euro notes over the counter in Derry, theres a bigger charge :o ...

    its a disaster...

  5. no

  6. No and yer man is talking out of his backside suggesting anything as ludicrous as Ireland making any important decision with a view to annoying the English.What an eejit he is.

  7. "Joining the euro in 1999 seemed like a great idea - not least because it annoyed the English"

    The Irish joined the Euro because they believed it was in their best interests to do so, if any of the European nations was going to dump the Euro they would have done so in the first couple of years.  If anything the UK refused to join to annoy the rest of us.

  8. no that sthe stupidest thing ive heard in a long time. the euro is going up compared to the pund and dollar. its a global economy crisis not just irelands. things have dipped ( alot) but there on their way back up. the celtic tiger might be done with, but just because our growth isnt ridiculous anymore doesnt mean we're still not one of the envys of the world. out growth has dropped to a more realistic rate and it could never have stayed as high as it was.

  9. no  euro has been good for us we are quiet happy with it we joined it because it was good business sense do not know where this reporter got such bad information it is not an issue here

  10. Nope. Ireland will stay with the Euro. The punt was not tied to an exchange rate with the dollar either. Would not make economic sense to move backwards from progression.  From the article, to suggest that of the reasons the Irish changed to the Euro as it annoyed the English is very condescending. That infers that we are some sort of ignoramuses more bent on some warped revenge with the English than concerned with our own economy. Once a journalist throws an insulting & demeaning comment like that out there it some what nullifies anything else they have to say wouldn’t you think?

  11. No. Thats just his opinion. And Ireland didn't accept the euro cuz it annoyed the English, it made sense. We don't care what other countries think of us.

  12. hahahahahahahahahahahahahahahahahahahaha...

  13. No, why should they? It would help me get rid of some old ones if it happened....But being in the EU has done nothing but aid the Irish in their economic surge of the last decade. The older money was very pretty, I'll give you that.

    The suggestion that a country would revamp their currency system to be annoying makes no sense at all. This is a country's economy we are discussing, not a child having a tantrum to be difficult.

    And Orla C, "This writer is an ignorant and opinionated American ..." what is up with your rather rude all-purpose American bashing? - the writer of the article, is British and it is in a UK paper - nothing American about it at all.

  14. no and i hope we don't

    we're doing very well in the european monetary system and the european union

    it's so much easier when you are going away to another european country to just bring your money with you rather than having to change it and pay commison on it

    and its great when you go to the US also

    i don't think we will or should ever go back to the punt,it's been great for us and it would be a step backwards instead of forward.

    and we didn't go to the euro to annoy the english,it made good business and logical sense.it's clear the writer didn't do very much  research on this story.

  15. The Republic of Ireland didn't join the Eurozone just to 'annoy the English', as the writer of the articles states. We joined the Eurozone because it was a good idea, and would make it easier to trade with our European partners - we did not need to make any changes with how we traded with the UK, as our nearest neighbours we have been trading with them since long before there ever was an EU and will continue to do so.

    This writer is an ignorant and opinionated American who can't be bothered to examine the real story, relying instead on the animosity of the past to sell a story, instead of seeing that the future is starting to look very different.

  16. not a chance, the currency's gone forever

  17. Nope, surely it's not even possible after agreeing to the Euro?

    ...EU taking over eek!

    Euro is better now than ever against the pound sterling, punt was never good against the pound

    I dont think we can leave anything??

  18. That is just plain idiocy, a fifth of Irish exports do go to the US but three fifths goes to the EU.  Going back to the Punt would be disastrous.

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