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Wright said:
Nem said:

In simpler terms, to compete with the US, Japan, China and emerging economies, Europe unsuccessfully unified themselves in economic terms to gain relevance. Thats why things were so well coordinated until now. Theres an european commission that is nominated by an european parliament elected by Germany and France that dictates the economic rules in europe.


Fixed, Nem.


Hehe... well as Wright here says, theres a bit of a battle of powers that obviously is undearneath it all, besides the troubles with the euro. But in all seriousness no one can say that the economic union was for the worst. Now the euro and the rules that came with it is a different can of worms. xD