New Europe Contradictions and Continuities

T V Sathyamurthy IN a few months from now, 11 out of the 15 members of the European Union (EU) will give up their national currencies in favour of euro, the single European currency (SEC). A reluctant Britain gradually shedding its ambivalence to the SEC, a still developing Greece struggling to satisfy the Maastricht criteria, and the two Scandinavian political dissident members (Denmark and Sweden, in stark contrast to an eager European Finland) will no doubt follow suit, sooner rather than later.