The great Euro price hike

Seven months after the introduction of the Euro, Italian diners have been stung for a whopping 70% increase in the cost of eating out. And it appears that creeping Euroland socialism to blame. According to David Farrar of Freedom and Whisky:"The EU is not a capitalist project. The euro is not a capitalist currency. Under a true capitalist monetary regime - based on gold and silver - Italian dinners would not suddenly increase from £30 to £50 but would actually decline gradually in price year after year."

The Euro, the EU's monopoly currency, was imposed on most Europeans at the start of 2002. Britain, Sweden and Denmark continue to defy demands to abolish their own currency.