News tagged "monetary union"
Sources : YahooNews
Lessons from Czechoslovakia: a currency split that worked
[Dec 08, 2011]
PRAGUE (Reuters) - Policymakers wondering how a euro zone disintegration would play out could do worse than study one monetary union collapse that went well: the split of the Czech-Slovak currency union. The successful conversion of a federal currency into Czech and Slovak crowns on February 8, 1993, has become a model. Although there were many differences between the Czechoslovak case and a ...
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