Sinn, Hans-Werner; Feist, Holger - 2021
the currency union as of 1 January 1999. According to current plans, the redistribution will start by 1 January 2002. In … terms of wealth equivalents and anticipating the Greek participation, Germany will lose 30 billion Euro (or 59 billion … Spaniard 287 Euro. The paper argues that this redistribution was not intended by the signing parties and recommends a revision …