Eventually the euro will be abolished, a Northern Euro introduced: politicians and their economic advisors might just be waiting for a calm moment, especially with upcoming German inflation.
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Tag Archive: Fiscal Compact
Eurobonds, fiscal or banking union are all pure utopia
Germany’s stance in the euro crisis: More than ESM will not be possible for many years updated on August 31, 2012 German politicians and the German Bundesbank believe that the Euro crisis can be only solved by supply side reforms as formulated in the Euro Plus Pact, reforms that were already successfully introduced during the Thatcher/Reagan era in the …
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German constitutional court needs 3 months to decide about the injunction
The German constitutional court will need up to 3 months for the injunction. Weidmann's critic on the ESM in detail. Estimations of German liability between 900 bln. and 2 trillion EUR.
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German constitutional court injunction decision on ESM and the potential referendum
What is the injunction procedure of the German constitutional court exactly about. What are the arguments of the Anti-ESM and the Pro-ESM fractions ?
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At the Euro summit there was nothing really new. What was the party about ?
At the euro summit today there was essentially nothing what was really surprising. We wonder what markets are so excited about.
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Why the Euro Crisis may last another 15 years
Abstract In the following article we will explain which types of crisis occur in the euro area and will argue that this crisis will last at least another fifteen years. (1) Competitiveness crisis: Before the euro introduction peripheral countries regularly saw their currency depreciate against the German Mark and helped them to increase their competitiveness. …
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