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Wednesday, 14 May 2008 |
Dear French News,
Thank you for the explanation by Céline Monier about the
current banking practice of charging for the ‘compensation’
system between banks in different countries. She described
the practice which existed before, and which has not changed,
other than to have become much more expensive.
However, I cannot be the only person to remember the
enormous input from politicians on TV and daily journalism
during the months leading up to 2002, telling us all how much
cheaper it would be to bank within the joined-up member
countries, because the common currency was just that…
common to all members.
By now, we have all got loose change in our purses from
several different countries, and notes are indistinguishable
between one country and the next, so how can the banks even
try to justify lining their pockets in pretending that the German
euro is different from the Irish or French or the Spanish euro
when it comes to the ‘compensation’ system? It is illogical.
Was it all just lies, to induce vast masses of Europe
people to accept one of the greatest de-valuation exercises in
history? Probably.
Elizabeth Page, Midi-Pyrénées
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