The problem as I and many others have written is simple. The EU should have come up with a common government before a common currency. Currency adjustments have been the equilibrium method in the past for perceived weakness and strength of sovereign credits. That has been stripped away from the Eurozone but this loony idea of a common currency without the ability to print more of it. So, if you can’t print it, burn it is what I say and replace it with a fiat or make that a Lira.