Germany had priced itself out of the market by the late-1990s. It is basically pricing itself back into the market.
More Quotes from Daniel Gros:
The focus on China is exaggerated.Daniel Gros
Countries like France and Germany just aren't ready for any further expansion of the EU from an economic point of view. The negotiations with Turkey basically have to be forgotten about for the next five or six years.
Daniel Gros
Russia has shown it's not above the temptation of using some bargaining power or blackmail. It shows that if there is a way to get some political-economic advantages from a temporary weakness of your partner, the Russians will use it.
Daniel Gros
If they let France (protect its industries) then other countries could just copy and paste, and if you multiply that by the 25 countries of the E.U. it doesn't look very pretty.
Daniel Gros
In theory this is useful but in practice I would not expect more than changes at the margin.
Daniel Gros
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Based on Keywords: late-sI don't think the Republicans would appreciate the comparison, but they're exactly like the Labor Party in England in the 1970s. They're letting their extremists take them straight down. The same thing is going to happen - they had to disappear for a while and when they reinvented themselves they did it with moderates, they did it with Tony Blair.
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Everything we earn we need as a reserve.
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I don't want to say, 'This is where Im going to be in five years and Im going to get there no matter what.' I want to leave it open. I'm not a desperate actress dying to star in a B movie in a bikini.
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