The European Union is very diverse, with many different peoples and cultures and languages. This can be a source of strength but we also have to be mindful of our different needs. We saw that during the "PIIGS" crisis.
The Mediterranean countries badly needed to inflate their currencies to alleviate their crippling debt burden. Germany on the other hand wanted a strong currency. Because they all had the same currency only of those two parties could win. That was Germany and we still see the repercussions in the southern Europe.
The Mediterranean countries badly needed to inflate their currencies to alleviate their crippling debt burden. Germany on the other hand wanted a strong currency. Because they all had the same currency only of those two parties could win. That was Germany and we still see the repercussions in the southern Europe.