EU WILL SURVIVE AND CONTINUE TO GROW
by admin on Dec.03, 2010, under ECONOMY
Large exporters in the EU like Germany have too much to gain with a tariff free Europe for them to even consider giving up on the EU.
Unfortunately, the current weaker economies (Spain, Ireland, and Greece) pay their people too much to benefit from factories migrating there and increasing employment opportunities.
Right now, the export driven countries win out as not enough economic benefit is flowing to the poor cousins of the EU. But that is no reason for the EU to crumble. Rich countries even after subsidizing their poorer EU cousins, have too much to gain from a united EU. And since they “hold all the cards” in the EU, it will not only survive, but continue to grow as well.
