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Germany After the EU and the Russian Scenario - future of the European Union and Poland [310]
Interesting: If you put "20 Years of the Euro: Winners and Losers" into google you'll find a pdf with that same title.
The Euro has been bery bery good to Germany...
"Germany has gained by far the most from the introduction of the euro; almost € 1.9 trillion between 1999 and 2017. This amounts to around € 23,000 per inhabitant. Otherwise, only the Netherlands has gained substantial benefits from the introducing the euro" p. 1
"In the first few years after its introduction, Greece gained hugely from the euro but since 2011 has suffered enormous losses. Over the whole period, the balance of € 2 billion or € 190 per inhabitant, is only just positive" p. 1
"the euro has resulted in a drop in prosperity: € 3.6 trillion in France and as much as € 4.3 trillion in Italy. In France, this amounts to € 56,000 per capita and in Italy € 74,000."
The document is from Feb 2019 and I doubt if the last year helped much....
Why is maintaining this pseudo-currency good for any country but Germany (and to a lesser extent - the Netherlands)?
