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by macco
1391 days ago
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It's about fiscal policy. The EU has no unified fiscal policy. It can't raise taxes for transfers from north to south. Almost every economist said in 98 that the euro is a bad idea. And it is for the south of Europe. It's great for the north and Germany especially, but for the south it is and has a killer. In my opinion, the Euro will ultimately break the current EU. |
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