Germany is not profiting from the eurozone

The FT’s newly ordained “person of the year”, the ever sardonically smiling ECB president, Mario Draghi, recently addressed Germany’s co-operative banks: eurozone trade, he claimed, accounted for a staggering 40% of Germany’s entire GDP. Not a single eyebrow was raised in the audience. The truth is…

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Germany is not profiting from the eurozone

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