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EWF as a foundation for exploitation

Before the introduction of the Euro, the EU states debated intensely as the fiscal discipline of the Euro members cannot be guaranteed in the long term. The Advisory Council had always pointed out that only those who fulfil the Maastricht criteria should be included in the monetary union. In the Read On..

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Drastic times for Greece

Who holds Greek bonds in Germany? EMU infestation the worst thing was to be feared: unsound fiscal policies of members, wrong decisions on the accession of individual countries, the deficit countries refuse adjustment and monetary policy lacks the sanctions. As a result, the euro area is more and more into Read On..

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