Quote of the Day | 0114

If the European Union were to become stronger and had a common fiscal as well as monetary policy (both of which together would turn it into a single country), in the long run, Greece and Portugal would benefit the most. In terms of percentages, Portugal would benefit from an increase in wealth of 13%, Greece would see an increase of 11.9% and Ireland with 8.9% and Finland with 8% would follow. Spain would see a growth of 4.1% whereas those countries that would benefit least would be Germany, followed by Italy and then France.

The researchers have also predicted what regions have more incentives to separate from the nations to which they belong. “We are not suggesting that it would be beneficial for these regions to separate but it is true that, in relative terms, the Basque Country and Scotland have more incentives,” they claim.

‘A mathematical model determines which nations are more stable
and which are more likely to break up’


[x]#9704 fan zaterdag 14 januari 2012 @ 11:28:10


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