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It was more like "other countries (aka France) demanded the Germanies to join the Euro in order for them to reunite". No Euro, no reunification. The German peop
by allendoerfer 10y ago
It was more like "other countries (aka France) demanded the Germanies to join the Euro in order for them to reunite". No Euro, no reunification. The German people were really scared of joining weak currencies like the Lira and others, having gone through multiple hyperinflations historically and finally having a super solid and strong Mark. That is also why the ECB is a) independent of the member state goverments and b) in Frankfurt and not somewhere in France or Belgium like the other EU buildings are.
- eru 10y ago> [...] having gone through multiple hyperinflations historically [...] In the 20s and at the end of WWII? Any other one I missed?
- allendoerfer 10y agoNot to my knowledge. Maybe I should have written "two" instead.
- eru 10y agoThanks.