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For me the question about Merkel is whether she could rise above her present self interest and the German national interest in continuing to support the current tight money policy for the ECB and move towards a system that better serves the interests of the weaker economies on the periphery. I cannot see the problems created by the current management of the Euro and the Euro-Zone going away except by further integration.

If she could support Euro-Zone wide retirement and health care so retirees in the north could retire in the south and support the funding to bring southern medical and social infrastructure up to northern standards this could be a way for all of Europe to prosper. It would also short circuit the current centrifugal forces that are tending to blow the EU apart.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Jun 27th, 2019 at 03:27:06 AM EST

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