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Expect a Financial Crisis in Europe With France at the Epicenter
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Expect a Financial Crisis in Europe With France at the Epicenter

by Mish Shedlock‚ Mish Talk: The EU never enforced its Growth and Stability Pact or Maastricht Treaty rules. The crisis is coming to a head with France and Italy in the spotlight. The first casualty will be Green policy. Compliance Rules Deficit rule: a country is compliant if (i) the budget balance of general government […]
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