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ICUs Average cost of ICU bed per day in Euro Difficulty to find information Germany[7] 82 Mio Insurance-based (statutory health insurance 90%, private medical insurance 10%) 1260 31.8 25,500 17 Mio 2 Mio.
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This has helped cushion the effect on Chinese exporters from the euro's difficulties.
The euro's difficulties have also inflicted tens of billions of dollars in losses on the value of China's $2.4 trillion in foreign exchange reserves, according to Western economists.
That is the proper lesson for other euro states in difficulty.
Although there are some similarities between America and Europe, it is hard to avoid the conclusion that many of the euro area's difficulties result from a dysfunctional monetary union rather than a susceptibility to secular stagnation.
But though America does not show many of the symptoms of decline that Europe does, it increasingly shares a problem that lies behind the euro zone's difficulties: division.Many European politicians like to reach for technical explanations for the new populist parties and the angry protests shaking their union, notably the core that uses the euro.
The impact on migrant workers was further mitigated by the coincidence of the worst of the downturn with the lunar new-year holiday, when most migrants go home for lengthy periods.This time exporters face protracted slow growth in developed economies, and the risk that the euro zone's difficulties might worsen.
Long gone is the pretense of a common European policy, or even a harmonized one, when Angela Merkel disagrees with David Cameron and Sarkozy over Libya, when Britain sneers at the euro zone's difficulties, when Italy and France quarrel over the fate of Tunisian immigrants, when the debts of Greece, Portugal and Spain endanger economic recovery even in the United States.
I prefer the Euro and its difficulties to returning to the drachma and going 500 years back".
I will vote 'Yes.' I prefer the Euro and its difficulties to returning to the drachma and going 500 years back".
Not only is the euro zone in great difficulty because of economic mismanagement, but its leaders are hoping to get out of their current predicament in part by relaxing bank regulation.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com