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Old 20.06.2012, 22:19
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Re: How long does the Euro have left?

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I don't know how realistic it is either... People are really suffering and after the introduction of Euro, greek economy has been de-industrialized, agricultural sector has become so uncompetitive that Greece started importing potatoes, tomatoes(!), etc and the services sector too expensive to be competitive (or not as competitive as it should be)... I don't see any sign of growth in the horizon...
This is the same problem I mentioned above really. With the introduction of the Euro and the massive shift of business to China, most of the EU is not competitive, certainly the PIIGS are not. The only one who won out of this is Germany.

And again, the EU was built to trade with in the EU, not import everything from China.

Brussels, we have a problem.

Oh, PS, thanks for the taking the time to explain.
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