27 Apr 2010

Does Germany want a leaner and meaner Euro?

...Or is Ms. Merkel just waiting for elections to take a definite stance on the aid to Greece. If this is so, this is a big gambit, that may get out of control very fast. The attitude towards Greece is the final signal markets need. Next in line are Portugal and Spain.

I am a EU enthusiastic. I am one of many who think of the Euro as a necessary step to political integration. It would be a pity if everything is thrown away, now that we have come so far.

Think big, Ms. Merkel.

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