Economics and politics - comment and analysis

“Let nations go bankrupt!”

20. July 2018 I Europe

In a guest article for the Frankfurter Allgemeine Zeitung, fourteen German and French economists commented on proposed measures towards a deepening of European Monetary Union – which had been decided on a few weeks earlier in Meseberg at the Franco-German summit. …

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Final countdown: Change the EU now – or never

3. July 2018 I Europe

French Finance Minister Bruno Le Maire gave the Financial Times an interview in which he stated clearly that, given the gap in competitiveness between Germany and the other European Monetary Union (EMU) nations, it is “impossible to continue” and that for France the introduction of the euro zone budget is “non-negotiable”. …

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Italy: Going down the wrong path

30. May 2018 I Europe, General

We are entering the next round of events in Italy and the wheels are spinning ever faster as we head for a train crash resulting in the end of the euro and the European Union. Northern Europe and Europhile doubters in the South foaming at the mouth with rage against Italian sovereignty have still again prevented a serious debate about the right course for currency union. …

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