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Steingart counts a total of €416bn (including EU budget contributions as far back as 2000 -- shades of Maggie Thatcher!).

But, according to Bundesbank balance of payments statistics (pdf), the German current account surplus with the rest of the EU for just the past five years amounts to €564bn.

So, if we're going to get niggly about accounts, Germany is up by at least €146bn.

by afew (afew(a in a circle)eurotrib_dot_com) on Fri Jun 8th, 2012 at 09:58:26 AM EST
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