To restore confidence in the eurozone, leaders must fix its institutional flaws and stretch some rules in the interim. Instead, they are doing the opposite. According to the authors of this essay, “the time for ambiguity and muddling through is over. If Europe’s leaders want to restore the financial markets’ flagging faith in [...]
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Posted on November 20th, 2011
Posted on July 5th, 2011
Four years ago, Germany was widely seen as the sick man of Europe, beset by weak economic growth, a fast-ageing population and a pervasive sense of angst about the future. Now the talk is of Germany’s unrivalled power, even of its hegemonic status in Europe. Nowhere is this more obvious than in the [...] 1 pages
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