The ECB would need to play a different and more distant role than it has. And independent authorities – such as the European Commission or even an entirely new institution – would need to ensure that savings were put to productive use in each country
What does the eurozone’s future hold? It depends where you look. Political risks seem to be increasing, despite the improvements in Europe’s economy.
The Eurogroup is seeking 7 billion euros of bridge financing for Greece from the European Financial Stability Fund from which Greece will be able to
Elena, from Paris, asks: I’d like to know how the European Union could really oblige the euro zone countries to respect budgetary discipline in the
Credit rating agencies too powerful?
Victor, from Fontainebleau, France: “How did credit rating agencies manage to acquire such power over the