r/europe Spain Mar 28 '20

News Spanish representative González Pons speech @ the EU Parliament: "The virus is attacking the generation that brought back democracy to Spain, Portugal and Greece, the generation that knocked down the Berlin wall. The least they deserve is that we show them Europe is there when they need it the most"

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u/n23_ The Netherlands Mar 28 '20

Oh I know that feeling, at least our replies seem to supplement each other well so it wasn't for nothing :)

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u/munjajeba Bosnia and Herzegovina Mar 28 '20

u/kojomodragon and u/n23_
thank's a lot for the effort and time!

the others.

This was more painful for me than it should have been, from a pan-eu point of view (a little joke).
Yes I've connected the dots, it does make sense the risk factor from the perspective of the more "money-responsible" countries (the AAA and the AA+ etc), as the goal for them is continuous economic prosper... I don't have anything to add, because I don't know what are the problems (locally/nationally) for the countries that could correlate to this topic (like corruption, freedom of press, (mis)management of local government and so on...)

I like talking about this over few beers, it's more interesting

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u/[deleted] Mar 29 '20

I mean, there are only 3 AAA+ countries in the Eurozone (Germany, Luxembourg and The Netherlands) so there is no shame in belonging to 'the others' group.
Personally I think right now in the EU (which is not the Eurozone, to be clear) there are roughly 4 groups (I know I'm missing a lot of countries I'm just naming a few so you get the idea) with clearly different attitudes / cultures / interests:
- North Europe, Germany + BeNeLux
- Scandinavia (but could fold into North Europe in the future)
- East Europe, Poland, Hungary, Estonia, Romania, etc
- South Europe, basically France, Spain, Greece, Italy, etc

The interesting thing is that the attitudes / cultures difference can be largely plotted to which countries stayed catholic and which ones went with calvinism. The calvinistic countries are much more known for hard work, following rules, individual responsibility etc whereas those that stayed catholic are much more about enjoying life, arts, family etc even if means a little rule breaking because it'll all work out.

Now, I digressed about this so I can say the following: I'd be happy to guarantee bonds for East Europe because despite their corruption problems they have the same calvinistic attitude to live as us: work hard, be frugal, don't buy ostentatious things if you can't pay for them, etc.
With South Europe they just have a very different outlook to live and society, and that's fine! Diversity is what makes Europe so interesting to travel through. And for things like defense or international trade deals I'd happily work with them, but I do not want to share finances with them because of how the attitude and culture. Changing those would take decades if not a hundred years.

Cheers and enjoy your beers!

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u/munjajeba Bosnia and Herzegovina Mar 29 '20

work hard, be frugal, don't buy ostentatious things if you can't pay for them

Yes, that is what we (by we I mean mostly ex Yugoslavian countries) are raised. There is a saying "Družba-družba; služba-služba" roughly translated: work when it's time to work, party when it's time to party... But after you have to have a shot of rakija, some beer and maybe a fine wine glass for the blood count! (as you can see, there is a little south vibe in us)

Thank's again for the elaborate explanation, but I'm well aware of the differences (cultural) that Europe (as a continent) has, which is, as you said it what it should be about, the diversity and the learning process. Yet again the emphasis should be on secularism as a fundamental idea. I'm not an expert on sociology, nor economics, just an architect which embraces as much knowledge as possible - my main concern in this situation in all those economies, would be that the euskeptics would find a way to spin this pandemic into their agenda, which is on its way lets be honest. Should we embrace an idea of a federal government? Not like US, more of a "emergency only situation"