The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
I suspect that Merkel's to attached at the hip to her FDP buddies to recognize that the answer isn't "free markets."
It's a sad thing that the Germans aren't promoting the policies and economic arrangements, e.g. the social market economy, that have worked so well for them for the EU as a whole.
For each hour worked, the German economy got $47.56 (2005 constant PPP), while the Greeks only got $30.45, the Spanish $40.34, and in Portugal each hour worked produced $22.18.
If the EU were a sensible body interested in creating convergence towards a higher standard of living, the concern would be about how to increase productivity. Together with an agreement to restructure debt into GDP linked bonds (only principal) this could have a a real impact.
Fix the real problems in these economies, and give them debt restructuring in return.
And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg
by afew - Mar 7 34 comments
by Cyrille - Mar 8 1 comment
by epochepoque - Mar 7 2 comments
by DoDo - Mar 1 13 comments
by maracatu - Feb 25 13 comments
by marco - Mar 3 43 comments
by Oui - Mar 5 60 comments
by Metatone - Feb 28 7 comments
by Cyrille - Mar 81 comment
by epochepoque - Mar 72 comments
by afew - Mar 734 comments
by Oui - Mar 560 comments
by Oui - Mar 413 comments
by marco - Mar 343 comments
by vbo - Mar 123 comments
by Oui - Mar 11 comment
by Oui - Mar 13 comments
by DoDo - Mar 113 comments
by Metatone - Feb 287 comments
by vbo - Feb 27110 comments
by gmoke - Feb 263 comments
by vbo - Feb 25102 comments
by maracatu - Feb 2513 comments
by Oui - Feb 2432 comments
by Oui - Feb 2214 comments
by Oui - Feb 211 comment
by Katrin - Feb 2013 comments
by Democrats Ramshield - Feb 202 comments