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ic debt exceed 60% of its Gross Domestic Product (GDP) and no annual budget deficit could rise above 3% of
christian louboutin sale outlet GDP.
Needless to say, most countries that signed then, and those which joined later, massively violated the rules.
Yes, some with good reason: Stimulus in 2008 and 2009 may very well have saved the world economy from imploding after a host of banks went under. But cheap christian louboutin shoes outlet nowausterity is the word of the day and countries are pledging to slash the debt and deficit.
Another of the five Maastricht criteria stated inflation was to remain firmly under control. Looking back, it TMs debatable that Greek inflation came within the criteria. It was still able authentic christian louboutin shoes outlet to join monetary union, albeit very late in the game, in 2001 and issued coins in January 2002
christian louboutin shoes outlet online like other 11 euro countries.
Another Trash Europe article by Jim Boulden. This guy is clearly not a reporter under any descent standard. His articles and interviews continually ridicule and/or criticize Europe like this.
Just one tiny example in this article (among his endless critique of Europe). this came the wonderful common currency Clearly a derogatory comment. This is not worthy for any good news report. In the real world the Euro has been above the Dollar for over 9 years now and it is rising in value once again. Dont expect Jim to report on this. But at days when the Euro devalues a bit expect Jim to be the first to tell you how terrible Europe and the Euro is and
christian louboutin bags outlet to see it on CNN. What a joke CNN has become.?sympt
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