The eurozone is at the center of the global financial crisis, because only there, in the realm of the second most important currency after the dollar, does the crisis hit a weak “structure” rather than a state with real power. It is a structure that is squandering the trust of citizens and markets in its ability to resolve conflicts – while pushing the international financial system to the brink of disaster.... Read more...
2/24/12
"Europeanizing Europe" by Joschka Fischer | Project Syndicate
The eurozone is at the center of the global financial crisis, because only there, in the realm of the second most important currency after the dollar, does the crisis hit a weak “structure” rather than a state with real power. It is a structure that is squandering the trust of citizens and markets in its ability to resolve conflicts – while pushing the international financial system to the brink of disaster.... Read more...
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