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To: Bill Jackson who wrote (66804)	1/2/2002 2:14:01 AM
From: tejek	Read Replies (1) \| Respond to of 275872

ted, There is a huge movement in Germany and France as well as the north of Italy to make the costs of labour in the 5 countries I mentioned increase to the same as Germany and France. All in the name of harmonization. Same for labor laws, 5 weeks holidays, jobs for life etc etc. What a great driving force for automation and even higher unemployment Bill, I agree. It seems its the tendency of Europeans to tinker with things that I think should be played out in the markets.....nothing like making a sweeping generalization. ;~)) Left to its own devices, I think the EU would squeeze out some excesses in the French and German economies. Plus countries like Spain, Greece, Portugal, Ireland and Finland will make the Union more competitive in the world market place. ted