Monday, 12 July 2010

Is it so?

"The policies of German Chancellor Angela Merkel in the current economic crisis are comparable with those of Margaret Thatcher, writes economist Pedro Lains in the business paper Jornal de Negócios: 'Although with more pragmatism than ideology Merkel is currently pursuing a similar course to Thatcher's in the 1980s. If Germany got it's way financial discipline would rule in politics, not the money-wasting of the states which in Merkel's eyes is fatal for growth. For Europe she wants less integration and more stipulation of costs as well as regulations on who covers them. What will this stance bring Merkel? Does she represent the majority in Germany? Or is there a more pro-European Germany that is passively waiting for the crisis to end? Merkel's election results of recent months are encouraging for Europe. Perhaps Merkel will suffer the same fate as her predecessor: she'll be toppled once she's solved the main problems. But even if she loses she will win. For Europe will no longer work the way it did when she took office.'"
From Eurotopics.

1 comment:

  1. This is offtopic, but I didn't know where to put it.

    I would like to ask why some prices in Portugal are higher when compared to prices in other countries with higher average income.

    Two examples: DVDs and deodorants in England.

    Why does a new DVD in HMV costs 10 pounds (around 12€) while in Portugal it costs 25€?

    Why does the same deodorant costs 2€ in England and 8€ in Porugal?