Mar 05 2010

Germany saves Greece

Category: Economic situationjavier @ 8:40 am

Germany bails out Greece, and saves the country from a huge financial collapse.
But the fact raises many doubts about Europe as a “United States of Europe” model.

The differences between northern and southern Europe are huge, and someone may think the big countries may get tired of being part of a Union that slows down their financial growth. I.e. Germany and France, they never needed the help of the other European countries, but some of these countries need them. That appears to be an unfair relation, in which A needs B, but B doesn’t need A.

In the current financial situation we’ll see how long are the big players willing to bet in a “United States of Europe”.

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