Ted Noten, Eleven Women and 400 Daisies, 2011
The Economists posited that deep-seated differences in wage and price behaviour and monetary and fiscal policies in different member countries should be removed prior to integration. Otherwise a single monetary policy could not fit all members.
The Monetarists said that prior convergence was not necessary, since these differences would be eliminated by the monetary union itself.»
Os países centrais foram emprestando dinheiro aos periféricos e a assimetria atingiu cerca de 3 triliões de euros (3 milhões de milhões de euros) entre os países europeus.