Wednesday 26 June 2013

brusselsprout oder marco... polo

Some euro-skeptics have maintained from its conception that the union was a means for Germans to enjoy a Mediterranean holiday with minimal fuss. I do not share that opinion and believe that there are far nobler causes and potentials behind this experiment of a united and inclusive continent.

Reading the litany  of disadvantages, usurious baiting—money that's already spent, and generally bleak outlook, however, I have to pause and wonder whether membership has its positive mutually positive aspects. I do hope that this rather sombre assessment is wrong, but presented the way it is, it seems like manufacturers in Germany stand to realise a dramatic, albeit short-lived, windfall by way of new markets. A new sizable demographic has opened up to those companies with the removal of Croatia's tariff regime, no longer an outsider. A discount to further entice consumers, however, bodes only ill for an already struggling financial household (that looks already like a disqualifying factor), threatening to steamroll remaining locally owned enterprise with competition and shove the economy more towards the service and tourism sectors. Of course, other outcomes are just as likely but reciprocation does not seem entirely forthcoming and jubilation is scarce.