Today I will be finishing my exploration of the financial, monetary and tax situation in the Union.
No storms over VAT hike in Germany. Accusations from certain economists against Germany for increasing the VAT rate (from 16 to 19%) are unfair and groundless, and have sometimes been bordering on the impertinent. We are even able to read that Germany is, in this way, responsible for exporting its problems to other Member States and that “it is as if Berlin had devalued the Deutsche...