Snapshot of Eurozone inflation falls to 5.5% in sharp contrast to UK. Economists put reason for divergence down to Brexit and Britain’s energy price guarantee.

  • sunbeam60@lemmy.one
    link
    fedilink
    arrow-up
    4
    ·
    1 year ago

    Oh don’t worry they were struggling to do well before the euro. You could argue that being a euro member saved some of them during the crash.

    • emerty
      link
      fedilink
      arrow-up
      1
      arrow-down
      1
      ·
      1 year ago

      No doubt. European austerity made it worse though post GFC. The US and China used a shed load more fiscal stimulus than the EU, and have added trillions of extra GDP as a result.