About quietly today things. So we can continue our report on the world economy and the evolution of the international economic crisis. Today series has the EU and the European currency is the euro.
Most of the European countries that already belonged to NATO and had founded diet tanpa olahraga the EEC finally accepted diet tanpa olahraga the view of the French President François Mitterrand and German Chancellor Helmut Schmidt and Helmut Kohl. This policy aspect was key feature of the policy monetary and political integration of the EEC. To proceed monetary and political integration of the EEC countries who accepted to leave their own currency and adopt the euro was obliged to implement the Treaty of Maastricht. Substantial European country except that refused to join the monetary union was the UK. How prophetic turned the then Prime Minister of Great Britain, Lady Margaret Thatcher when he declared "These ten years have been dissolved"
What was so notorious Maastricht Treaty. A particularly strict budgetary agreement which the countries participating in the euro had to apply it strictly. Deficit below 3% of GDP and debt below 60% of GDP were the main terms. The years that followed the announcement of the Maastricht Agreement and prior to the accession diet tanpa olahraga countries in the euro known transition theory were all those fiscal efforts of each country to implement the terms of the Maastricht Treaty. On the issue of deficit there were important exceptions as was the elusive diet tanpa olahraga goal of debt. ...
It was very important for designers of European monetary and political union loyal to scrupulously respect the Financial Maastricht stability pact. Behind the euro there was no single European constitution, the single European Treasury, single European budget, common European armed forces. There was nothing but the commonly accepted fiscal stability pact Maastricht. diet tanpa olahraga
We attach great importance to the Maastricht agreement and why is the dominant issue of the euro. The geo-political and geo-economic developments in subsequent years were a result. Europe lost the lead geo-political and geo-economic advantage. The US, China, India and Russia have far outstripped the EU in the economic, industrial, technological and military fields.
Thus a compound suffered since the foundation of it was a compound rich industrial and poor agricultural states diet tanpa olahraga and lose the advantage of competition. As the global financial bubble was growing there was no problem. diet tanpa olahraga The poor southern Europeans borrowed from the rich North and the poor as Americans and buy homes and consumer goods. When the bubble burst the real estate in the US was about sure to come and turn the poor south-Europeans. The economic problem was imminent. The economic crisis has simply formalized this problem.
The Northern industrial Europe apart and away from any spirit of European solidarity after took the need of the poor southern European consumer goods just broke the financial crisis saw a great opportunity for expansion and new profits. Would lend the poor south-Europeans to repay their debts to the northern-European banks. This way the Northern diet tanpa olahraga industrial Europe would provide a lot of profit from the currency turmoil, the difference in interest rates etc.
Once again Europeans acted as the ancestors of colonizers. Faced with a global economic crisis that threatens the foundations of human civilization chose the resurgence of the crisis through poor southern Europe to earn even more instead of joint action to overcome the crisis.
But these mistakes are unforgivable. When the economic policies and military super-powers sit at a table to find a solution to the global economic crisis diet tanpa olahraga Europeans are virtually absent or refuse to solve at least the European diet tanpa olahraga problem. Pushing unbearably peoples of southern Europe, thereby creating an outbreak if sometime shoot will create a huge problem diet tanpa olahraga in the global economy.
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GEORGE K. ALEXOPOULOS
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He arrived in Britain in the third world's diet tanpa olahraga largest
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