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The Monetary Union and Brussels’ strabismus


The connection between the marked increase in the public deficit and the postponement of entry in the Monetary Union is very close. The governments of the largest countries, from Hungary to Poland, from the Czech Republic to Slovakia, have, thus far, enjoyed surprising tolerance from the EU. Which has shown itself to be much more rigid, instead, on the issue of the Stability Pact.

The connection between the marked increase in the public deficit and the postponement of entry in the Monetary Union is very close. The governments of the largest countries, from Hungary to Poland, from the Czech Republic to Slovakia, have, thus far, enjoyed surprising tolerance from the EU. Which has shown itself to be much more rigid, instead, on the issue of the Stability Pact.

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