• Shaggy0291@lemmygrad.ml
    link
    fedilink
    arrow-up
    2
    ·
    3 years ago

    This has been at least partially caused by the Euro. Germany and France benefit from it being strong, While peripheral countries benefit from it being weaker. At the end of the day, the Eurozone and the freedom of movement between member states functions as a parasitic supranational structure that siphons wealth and cheap, exploitable labour away from the poorer countries like Bulgaria, Greece, Romania etc and funnels it into the core countries. Look at the effect this trend has had on the Baltic countries; in Latvia, 23 percent of their working age population has been lost since the early 2000s, and population overall is in sharp decline. This is the effect of the EU as a supranational structure.