ΕΙΒ supports Greece with record 5 bln euro financing in 2021

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  1. So the Germans loan the Greeks so they can buy more German stuff. And then the Greeks have to pay the loan back. This is the pinnacle of creative accounting. German exports to Greece in 2019 were $6.59B, Greek exports to Germany were $2.46B. Can you notice the imbalance here? Can anybody understand how the EU is more beneficial to some than the others ?

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