Tag: euro crisis

Merkel’s European Failure: Germany Dozes on a Volcano

Merkel’s European Failure: Germany Dozes on a Volcano

| August 9, 2013

Angela Merkel’s government is forcing Southern Europe to undertake profound reforms while at the same time denying its own responsibility for the consequences of its crisis policies. Germany is risking a historic failure with its shortsighted wrangling.

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The Ticking Euro Bomb: What Options Are Left for the Common Currency?

The Ticking Euro Bomb: What Options Are Left for the Common Currency?

| October 7, 2011

Politicians have maneuvered their countries into an unparalleled situation in the euro crisis. In the end, only two possibilities will remain to save the beleaguered common currency: an expensive transfer union or a smaller monetary union. Either solution will be extremely costly.

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The Ticking Euro Bomb: How the Euro Zone Ignored Its Own Rules

The Ticking Euro Bomb: How the Euro Zone Ignored Its Own Rules

| October 6, 2011

After they joined the euro zone, the countries of southern Europe suddenly discovered they could borrow money at German-style rates, and any hope of sorting out their dodgy finances vanished. But it was France and Germany who set the worst example, when they broke the euro-zone rules they had forced on others.

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