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No, they aren't committed one way or another. Why do you believe so? Thinking that the Eurozone governments is one block that votes as one and therefore get la
by Ma8ee 6y ago
No, they aren't committed one way or another. Why do you believe so?
Thinking that the Eurozone governments is one block that votes as one and therefore get larger influence is also wrong. Often there's a larger division between north and south Europe than it is between Euro and non-Euro countries.
Yes, the Euro could work with much more transfers between the countries, including shared social security. But I have a hard time believing that German voters ever will vote for a government that allows their savings help paying Greek or Spanish social security. But maybe I am wrong there.
The US is such a crappy example right now. It was not long ago that their president suggested that the states that couldn't handle the economic hardship of the pandemic just simply declared bankruptcy.