This is direct result of Euro currency - the strongest economy gets even stronger. Greece, Spain, etc. were producing low quality goods, but they were cheap. No

This is direct result of Euro currency - the strongest economy gets even stronger. Greece, Spain, etc. were producing low quality goods, but they were cheap. Now they are as expensive as better German products. That's why sane governments (UK, Sweden) stay away from Euro - not to kill export. Clever move from Germany and prescription for the disaster (collapse of EU - that' optimistic and would help Europe to recover, or less optimistic like war) when people realize how they were cheated. Greece, despite misarable situation, is still buying war ships... from Germany.