Maybe the EU Should Hold Off Popping Open The Champagne...

... Seems Germany and the Euro's at least hit a speed bump in its leading the EU to being the worker's utopia.

http://news.ft.com/cms/s/0a07b7a6-8a49-11d9-98b6-00000e2511c8.html

The euro fell on Tuesday as German unemployment worsened
still further and eurozone-wide inflation data reinforced perceptions that
interest rates would stay on hold for the foreseeable future.

Germany’s jobless rate rose to 11.7 per cent in February, with the
unadjusted jobless tally jumping to 5.216m, the Federal Labour office said.
Meanwhile the flash estimate for inflation across the 12-nation bloc in the year
to February came in at just 2 per cent, a fraction below consensus
forecasts.

...

...0.2 per cent to a two-week low of £0.6867 against
sterling...

That last thing I notes must really make the UK want to adopt this wonderful new currency. It's quite obvious despite the Europhile hype, that the Euro and the European economies aren't quite as wonderful for people as one may think. According to the Cia World Factbook, the US's unemployment was 6% (2003), which is small potatoes compared to Germany's 11.7%. It is quite obvious that the nations in Europe, if they ever are to become any real competition to the US as a place to live need to find out what America is doing that's causing it to still be ahead of them and start adopting those practices.