Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
"And in this case, many German politicians are starting to think that it would be better to go back to the Deutsche Mark than to stay with the Euro without precise rules."

Oh please, pretty please, do that!

Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi

by Cyrille (cyrillev domain yahoo.fr) on Fri Nov 28th, 2014 at 02:32:47 AM EST
[ Parent ]
Were France and Italy together to inform Germany that neither have any intention of observing limits on deficits and debt demanded by the ECB might that provoke Germany into exiting - leaving the Euro and the ECB to be managed by the rump?

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Fri Nov 28th, 2014 at 04:55:31 PM EST
[ Parent ]
If you look at the way the commission is handling the deficit procedures of Italy and France right now, they have done this. In a half-hearted half-measure de facto manner.

And so will this go on:  one half-measure after the other.

by IM on Fri Nov 28th, 2014 at 05:46:44 PM EST
[ Parent ]
I think after nearly 5 years of the Euro crisis it should be clear that hoping for any two countries to take a joint stand against the Euro is highy unrelistic.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Migeru (migeru at eurotrib dot com) on Fri Nov 28th, 2014 at 05:47:13 PM EST
[ Parent ]
The ugly parties in each country would have fits? All EMU members would rather suffocate in isolation? Or are they too captured by narratives that they think they are existing in another universe?

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat Nov 29th, 2014 at 01:41:57 AM EST
[ Parent ]
ARGeezer:
are they too captured by narratives that they think they are existing in another universe?

Yep,that's pretty much the gist of it.

by Bernard (bernard) on Sun Nov 30th, 2014 at 04:26:46 AM EST
[ Parent ]

Display:

Occasional Series