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For the inflation from day one, that is the same story for every country in the Euro zone that had a weaker currency than the Deutch Mark.

The French baguette went from 1.20 French Francs (about 20 Euro cents give or take at the time) to 1 to 2 Euros depending on the Bakery. That's 500% inflation at best on something that is basically the bread and butter of French diet (pun intended).

The Euro zone should have a unified taxation system to ensure a fair competition throughout the zone.



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