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David Blake
David Blake
Total 1 Post
  • London, UK.
Professor of Finance & Director of Pensions Institute, City, University of London.

Some EU countries use the eurozone as a credit card, with Germany picking up the tab

4 min read
The Eurozone’s single currency masks deep economic divisions. Trade imbalances create debt, with surplus countries like Germany refusing fiscal transfers. Germany’s economic woes could force a difficult choice: full union or fracture.
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