The Possible End of the EU

The Euro still has a long way to drop, as it appears that the EU is getting less and less popular by the day. After major defeats by French and Dutch voters, Italy is now considering going back to the lira in place of the euro:

Italy should consider leaving the single currency and reintroducing the lira, Welfare Minister Roberto Maroni said in a newspaper interview on Friday.

He also said European Central Bank President Jean-Claude Trichet was one of those chiefly responsible for the "disaster of the euro.

The euro "has proved inadequate in the face of the economic slowdown, the loss of competitiveness and the job crisis," Maroni said.

It also appears that Norway is now throwing in the towel.