Future challenges and dynamics of the Euro It appears, I am already looking into a crystal ball, so let me move on to the future challenges and dynamics of the Euro for Europe. The dynamics of the Euro clearly lie with the expectations and pressures of markets and the public opinion at large.
A good example is the recent agreement in the EU that the costs of cross border bank transfers should be substantially reduced. In a similar vein, economic agents simply do not accept that cross border security transactions are more expensive than within the US.