They'll profit more from a continuation of the Euro. I can honestly see and EMF emerging within the next year. The Krauts get richer and the poor get less poor...
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Global Financial Crisis (22 Viewers)
- Thread starter Dostoevsky
- Start date
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OP
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OP
Yes.
Romania's GDP is lower in 2011 compared to 2007 when they entered the EU. Bulgaria does have higher (only 1%), so basically over the past 4 years there were no improvement for their countries standard whatsoever. There was no real growth in any case, while unemployment rate is just as high. Same can be said about Estonia (3% lower, which is huge), Hungary (2% lower), Poland, Slovenia (2% lower) Latvia (1.8% lower) and Lithuania (2.3% lower). Majority of the new countries within EU did have a much bigger growth before the joined the EU, which is only a fact. It does have to do something with economic crisis that has appeared in 2007 but lets not forget that the hardest knockdown is just now, when we're seeing Portugal, Spain and Italy in trouble, it's this and the next year that will hurt Europe.
Romania's GDP is lower in 2011 compared to 2007 when they entered the EU. Bulgaria does have higher (only 1%), so basically over the past 4 years there were no improvement for their countries standard whatsoever. There was no real growth in any case, while unemployment rate is just as high. Same can be said about Estonia (3% lower, which is huge), Hungary (2% lower), Poland, Slovenia (2% lower) Latvia (1.8% lower) and Lithuania (2.3% lower). Majority of the new countries within EU did have a much bigger growth before the joined the EU, which is only a fact. It does have to do something with economic crisis that has appeared in 2007 but lets not forget that the hardest knockdown is just now, when we're seeing Portugal, Spain and Italy in trouble, it's this and the next year that will hurt Europe.
That is a laughable attempt at establishing a causal link. Again, where is your evidence that highlights the negative impact of eu membership outside of what is the fault of a country's government. Show me the links between sectors pre and post EU along with government and macreconomic data to asses the overall financial climate.
Unless you can do that, what you're saying holds about as much water as a Serbian dam in the late ninties
Unless you can do that, what you're saying holds about as much water as a Serbian dam in the late ninties
OP
Not even Boris Tadic can provide you those evidence 
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Belex (Serbia) down 7%.
Btw such a big mess was made when Swiss France went up. It made an incredible jump since 2007, especially since March this year, it's incredible. On the other hand, those who took a credit based on their value are in deep shit now, as they have to return two times more.
It's advised to sell it now and get some other currency, Yen or something.
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Belex (Serbia) down 7%.
Btw such a big mess was made when Swiss France went up. It made an incredible jump since 2007, especially since March this year, it's incredible. On the other hand, those who took a credit based on their value are in deep shit now, as they have to return two times more.
It's advised to sell it now and get some other currency, Yen or something.
