harsh truth: The governments of Finland and Sweden also face push-back from their electorates, though there is no question of Finland dropping the euro, according to The Independent. It is a harsh truth that EU members of the eurozone have grown substantially more slowly since its inception than EU countries outside it. That is where Britain is now, and the elections in Denmark last week point the same way. That is not straightforward cause and effect; there are other reasons, such as demography, to help explain this. As is Italy’s, more or less. Greece might appear an extreme case, for after a mid-2000s surge its real GDP is back to the level of 2002.
(news.financializer.com). As
reported in the news.
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