If EU law were properly enforced, Germany would face fines for endangering eurozone stability and breaching the Macroeconomic Imbalance Procedure for the fifth year in a row

One country’s surplus is another country’s deficit and EU rules punish countries with deficits and are supposed to be punishing Germany for its surplus but Germany plays above the rules.

The result is massive unemployment in the southern parts of Europe, but the EU doesn’t care one bit about unemployment, obviously.

Source: Germany’s record trade surplus is a bigger threat to euro than Greece – Telegraph

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