Keith Hudson wrote: > in the meantime, immense strains are already appearing within the present > EU-15 (e.g. large individual budget deficits and bankrupt state pension > funds [Italy, Germany, Portugal, France] -- and the consequent refusal of > the better-off EU countries [England, Scandinavian, Nordic] to subsidise > these)
Before anyone (mis)understands this to say that England subsidizes Germany: It's still the other way 'round: Germany is close to "bankrupt" *because* it is still the main "funder" of the EU (and the former GDR). Chris
