Quote:
Originally Posted by Osem
Surprise surprise, there'll be no EU deal involving the UK.
http://www.bbc.co.uk/news/uk-16104275
I'm no economist but it seems to me that the Germans have benefited greatly from a weaker Euro dragged down by the likes of Greece, Ireland and Italy so their economy is doing a lot better than might have been the case with a much higher exchange rate. Good for them. |
This is very true, Germany may find it more difficult going forward if the become more responsible for the poorer performing countries in the Euro.
JJ