It's suprising that it takes a communist to say this but because the capitalists have their head so far up the EU's hole I am forced to. How can we expect British and Americans or anyone else to buy our goods and services when our curency is completely over-valued? From a purely capitalist point of view the situation is a disaster as investment in Ireland will only take place if the returns will be higher than other countries. With costs so high here, partly because of the euro, investment will go elsewhere. We here in Ireland don't even receive the benifits of a strong currency. While imports are cheaper the benifit is never passed on to the ordinary Irish worker. The Irish gombeen man and corrupt business class ensures this. A barrell of oil today is only €32 yet Irish people have some of the highest energy prices in the world. ESB went up by 17.5% recently. I really fail to see what the benifits of the euro are. If we had the punt we could devalue it. And please no one give me the Iceland crap as it is a very different scenario.