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14 years of Euro.... built on trade agreements that started in the 50s. The Euro is so stable that the EC keeps considering adding countries to the Euro zone. The US would not like to see oil move to the Euro for sure, but 'not stable enough' or 'stagnant' are not good reasons.

The US is the one that is stagnant: 1.9% is forecasted for 07 and 08, much less than most of Europe.