As soon as the Euro was introduced the European economy can barely execute a substantial growth in GDP for a quick time. As a result, it remains vulnerable to another crisis. You need to have Euros on hand if you're traveling to one of many nations in Europe which use the Euro as legal tender.
So How About Euro?
In the lack of the political solidarity necessary for such transfers, the crisis countries were made to double back on spending cuts. Actually both countries want to know more about globalization, for as long as they get benefits from it. Peripheral European countries such as Greece, Portugal, Italy were not able to sell government bonds without offering considerable yield.