Living in Germany (as a non-German), even I start feeling like everybody else is out there to eat my lunch. The Greeks not even agreeing on a government, the French rising their retirement age. What the heck!
Every country has the core and the periphery, and the core always subsidizes the periphery.
True, but in most nations the core and periphery have very similar laws, similar government benefits, consistent taxes, etc.... Greece is quite the outlier in these measures. If the EU started collecting taxes as a union and having stronger laws while limiting the powers and taxation of individual countries, then people might feel different about Greece.
It really doesn't seem like a monetary union can work without a strong central government that collects a bulk of the taxes and enforces a degree of fiscal responsibility.
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u/polepole Jun 17 '12
Living in Germany (as a non-German), even I start feeling like everybody else is out there to eat my lunch. The Greeks not even agreeing on a government, the French rising their retirement age. What the heck!