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Find UFOs, The Apocalypse, New World Order, Political Analysis,
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Rumor Mill News Reading Room, Current Archive
Can It Happen? After A Good Start With Brexit, Can We Rid The World Of Hitlery And Merkel In The Same Year???
Posted By: Watchman Date: Sunday, 7-Aug-2016 12:07:48
www.rumormill.news/53472
Major EU nations including France, Italy and Spain are clubbing together to form a new alliance with the aim of wrestling back economic power from the German leader.
Mediterranean economies have been devastated by an EU-wide policy of austerity enforced from Berlin, which has led to massive youth unemployment and soaring poverty.
Fiscally conservative Germany, which is the EU’s largest economy, is reluctant to loosen the purse strings and authorise the huge injection of cash many other member states need to kickstart their fortunes.
Related articles
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Italy's economy set for two LOST decades, warns IMF
But policies which have benefited German industry and exports have caused economic oblivion in many parts of southern Europe, and now the rest of the continent seems to have had enough.
The leaders of France, Italy, Spain, Portugal, Cyprus and Malta are planning to meet in Athens next month to forge a new anti-austerity alliance with the aim of wrestling back control of the European Central Back (ECB), which sets Eurozone fiscal policy, from Berlin.
It is being headed up by Greek premier Alexis Tsipras, who has frequently clashed with both Mrs Merkel and Brussels over the crippling austerity which has brought his country to its knees.
http://www.express.co.uk/news/world/697340/European-Union-Mediterranean-anti-austerity-alliance-Germany-Angela-Merkel-Brexit
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