Wednesday, February 11, 2004

THE EURO

One of the many arguments used against the Euro during the debate before it's introduction was that it would allow big businesses to take advantage of confusion generated by it's introduction to raise prices without detection by the public.

It now turns out that the biggest abuse of it's introduction to raise price was in Italy, where some prices effectively doubled. No susrprise there you might say. This is Italy after all and Italian business, as Parmalat has so magnificently proved, is at best "a bit iffy" and at worst downright corrupt. However the "Firm" that is in the dock for this abuse is the Mafia! What is the world coming to when uyou can't even rely on organised crime to behave honourably!