Quote of the Day | 0111

SPIEGEL: Do you understand the German fear of becoming the main financial contributor to a so-called transfer union, where the richer members of the euro zone would subsidize the poorer ones?

Schwarzenberg: Of course I understand it. The only thing is, the German recovery and Germany’s export performance are based on the fact that the countries that are now in debt went shopping on credit in Germany. Who benefited the most from all the reckless debt policies? You did! The Germans should keep that in mind.

‘We Have to Move Away from a Europe of Small Minds’


[x]#9693 fan woensdag 11 januari 2012 @ 11:23:42