The pitch marked a major shift in Berlin's position, underscoring the severity of the crisis and changing the tenor of discussions, according to Jacob Funk Kirkegaard, senior fellow at the Peterson Institute for International Economics. https://www.betting33.com
"This is Germany realizing that Italy is not Greece," said Kirkegaard, referring to the importance of avoiding a debt crisis in the bloc's third largest economy. "If we have another asymmetric recovery, then it will be very bad for the EU and extremely bad for the German economy itself." https://www.syy577.com
The proposal still needs to be formalized by the European Commission, and not all 27 member states are on board yet. Austria, the Netherlands, Sweden and Denmark appear united against the Franco-German plan. https://www.dok222.com
"There's been big movement in most of Europe's capitals in recognition of the scale of the challenge," Rahman said. "That's decidedly what you're not getting from the 'Frugal Four.' It's effectively a restatement of old positions." https://www.ccclub700.com
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The pitch marked a major shift in Berlin's position, underscoring the severity of the crisis and changing the tenor of discussions, according to Jacob Funk Kirkegaard, senior fellow at the Peterson Institute for International Economics.
https://www.betting33.com
"This is Germany realizing that Italy is not Greece," said Kirkegaard, referring to the importance of avoiding a debt crisis in the bloc's third largest economy. "If we have another asymmetric recovery, then it will be very bad for the EU and extremely bad for the German economy itself."
https://www.syy577.com
The proposal still needs to be formalized by the European Commission, and not all 27 member states are on board yet. Austria, the Netherlands, Sweden and Denmark appear united against the Franco-German plan.
https://www.dok222.com
"There's been big movement in most of Europe's capitals in recognition of the scale of the challenge," Rahman said. "That's decidedly what you're not getting from the 'Frugal Four.' It's effectively a restatement of old positions."
https://www.ccclub700.com
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