Thread: escape
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Old November 6th, 2014, 06:18 PM posted to rec.travel.europe
poldy
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Posts: 788
Default escape

In article ,
Martin wrote:

Germans are preventing the ECB from easing, which would help the entire
EU, because they don't like the idea of helping the latin nations.


She rightly doesn't like Germany being the main payer in the EU. The only
payer
other than NL, if UK leaves the EU.


One pundit calls Merkel the Herbert Hoover of Europe.

But others have said she recognizes the need for stimulus and easing
monetary policy but her hands are tied because of the German electorate.


Yet the Germans don't mind selling them their cars and other export
items.

Or lending them money with their banks.

They imposed austerity so that the PIIGS can't default on those loans
and screw over the German banks.