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Tell that to the Greeks, where the "independent" Central European Bank, theoretically also the central bank of the Greeks, was used as a weapon against then. T
by RobertoG 9y ago
Tell that to the Greeks, where the "independent" Central European Bank, theoretically also the central bank of the Greeks, was used as a weapon against then.
Tell that to the countries in the south that are financing the exports of the north and that have to implement crazy pro-cyclical economic policies.
A part of understanding the European Union (and even more so the Eurozone) is letting go of fairy tales about how Realpolitik and national interest is dead.
If you want a real union just create a fiscal union controlled by the European parliament, but that, it's not going to happen.