It seems to me that especially American and British led news agencies seem to deliberately try to undermine the Euro zone with anti-Euro-propaganda. I'm sick of hearing how bad it all is, while it isn't, and it's much worse elsewhere.
I'm from Austria, and we are doing just fine, with low unemployment numbers, a growing economy and general optimism for the future. The Euro helped us a lot, and we are able to help other EU states through it.
Stop listening to entities like "Bloomberg", they seem to be wrong a lot.
The Euro is like a gold standard. If you are doing good and somebody else does not its not the golds fault.
I think the ECB did some not so good things and I think inflation targeting is a idiotic policy but I dont really want to blame the ECB for any of this.
To blame are the institution of the country (and whoever is at fault for the housing bubble but I dont want to get into that).
Spain would have been hit hard by the bubble anyways but it was unreactiv government that let its spending get out of hand.
It seems to me that especially American and British led news agencies seem to deliberately try to undermine the Euro zone with anti-Euro-propaganda. I'm sick of hearing how bad it all is, while it isn't, and it's much worse elsewhere.
I'm from Austria, and we are doing just fine, with low unemployment numbers, a growing economy and general optimism for the future. The Euro helped us a lot, and we are able to help other EU states through it.
Stop listening to entities like "Bloomberg", they seem to be wrong a lot.