Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
it can be argued that the ECB's monetary policy over the last 5 years was a lot more adapted to France's economy than to Germany's, which would then have required lower rates (like Italy - while Spain, ireland and a couple others could clearly have benefitted from higher rates).

We seem to be making a lot of conclusions from the last 18 months of economic history, which are quite different from the previous 5 to 10 years.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Tue Sep 11th, 2007 at 04:16:33 PM EST
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