How will Germany maintain its supremacy in the EU? Corruption, Fraud, Refugees…

How will Germany maintain its supremacy in the EU? Corruption, Fraud, Refugees…

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merkel cyprus

So, the biggest economy in the EU has been going through uncomfortable times. Having to be the “unofficial” leader of all European nations it is a tough job, and tiring. Having to deal with the “refugees issue”, also It happens because Germany’s economy is apparently better off than the rest. This feeling German governments exude some kind of superiority among their European partners. Their austerity plan to control public deficit has been implanted under very strong conditions against the lowest classes, as it is assumed. Not all economies react equally to an input.

merkel cyprus

It is not difficult to succeed in the international markets when you have the perfect “democratic” system as the EU that gives you privileges in economic policies among your partners. When Germany needs to bring down interest rates, the European Central Bank proceeds to lower interest rates. In 2010 Greece had levels of inflation up to 4%, and the ECB decided to lower again their rates (in favor of Germany which was panicking for deflation). Just like throwing gasoline into the Greek economy, now into debt. The same happened with Austria and Belgium. Germany clearly benefits from the european common market, because it is a way of lowering their currency against their partners which every time live is more and more expensive due to the lack of cashflow.

It seems like Angela Merkel can solve everything in Europe, Germany needs around 400.000 immigrants to come and work in the country every year, otherwise the levels of unemployment would drop down to 0% and that is no good for an economy, because for example salaries would rise drastically. Well, so on the other hand we find pictures of  refugees writing her name in big signs hoping to arrive to Germany and start a new life there. So everything seems to be working fine. Objectives are achieved smoothly, as a good German would do.

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