All of this is happening in the name of defending the euro currency bloc.
Unemployment in the single currency bloc hit a record high in January and February, at 12 percent.
The vote could determine the country's future in the 17-nation euro currency bloc.
The OECD and the EU urged euro-zone leaders to forge ahead with a decisive boost to the currency bloc's firewall.
Markit's preliminary index measuring service and manufacturing activity for the currency bloc fell to 47.3 in February, below expectations of 48.5.
There is now a de facto renminbi currency bloc in East Asia.
FORBES: China Taking Asia Further From Dollar, Even Further From Euro
Members of the 17-nation currency bloc are waiting for the troika's report on Greece's troubled economy, due in the coming weeks, before making a decision.
Here's what he suggests: The U.S. dollar, the euro and the Japanese yen (with, perhaps, China's yuan and Britain's pound) would form a currency bloc.
Members of the 17-nation currency bloc are waiting for the troika's report on Greece's troubled economy, due at the end of September, before making a decision.
And as it happens, there is a much bigger and equally flawed currency bloc in the world than the one Dr. Dombret is seeking to cure.
FORBES: Germany And China Have The Gold And Will Make The Rules
Although the latest reading is above the preliminary "flash" estimate of 47.9, the sub-50 reading still means private-sector output in the 17-nation currency bloc contracted in December.
The U.K. isn't a member of the 17-member euro zone and has been an attractive alternative for investors whenever worries about the currency bloc's finances flare up.
Hovering near 11-month lows, the euro strengthened only slightly against the dollar as investors feared that credit downgrades were looming for members of the 17-nation currency bloc.
Mr. Dombrovskis has faced intense political opposition to the plan to join the currency bloc, as well as a litany of legislative threats, but the plan remains on track.
Spain -- where Iberdrola is headquartered -- is the eurozone's fourth-largest economy with unemployment at 26.1%, second only to Greece in the single currency bloc, according to Eurostat data.
The French, Spanish, Irish, Dutch, Portuguese, Greeks, Slovenians, Slovakians and Cypriots have to varying degrees voted against the currency bloc's economic model since the crisis began three years ago.
New Democracy's win could set off a rally in global financial markets Monday after weeks of uncertainty over Greece stoked investor fears over the future of the currency bloc.
Undoubtedly September was a good month for the euro, boosting hopes that the single currency bloc is finally putting in place the tools to resolve its three-year old debt crisis.
There were fears that the country's possible exit from the euro would trigger a loss of confidence across the single currency bloc, and prompt investors to withdraw from other troubled economies, such as Greece.
His commitment that the ECB would intervene in the markets to buy an unlimited volume of bonds on behalf of any euro-zone country requesting this assistance provided that the country adheres to certain conditions drew sighs of relief across the currency bloc.
Today, as in the 1970s, Germany is Switzerland's largest trading partner, so a new Deutsche mark could in theory substitute for the euro, according to this person, although the bank is considering other scenarios, such as the formation of more than one currency bloc within Europe.
If there ever is a bloc currency in Asia, it will be the yuan.
There are few economists or strategists who would disagree that should Germany cease funding and supporting the southern European nations, that Italy, Portugal, Spain and Greece would very likely have to exit the euro currency and that the trading bloc would splinter.
Without the ECB's support, Cypriot banks would collapse on Tuesday, pushing the country toward bankruptcy and a potential exit from the 17-nation bloc that uses the euro currency.
But the Swedish currency, she says, is undervalued and is likely to appreciate as Sweden edges closer to joining the euro bloc.
应用推荐