Banking on Merkel: Germany expected to hold course on Eurozone
Germany is likely to continue with the same cautious, pragmatic approach in overcoming the crisis, despite the Southern Eurozone countries’ expectations of changing the policies. The decisive day, 22 September 2013, not for the German people only but also for Read on! →
Latvia: Introduction of the Euro to go ahead despite lack of public support
Latvia will become the 18th Member State to introduce the euro on 1 January 2014, but with less than 40% support from its citizens. The Latvian Prime Minister, Valdis Dombrovskis, has admitted: “The public now is less convinced than it Read on! →
Germany: The Constitutional Court will decide on the future of the Eurozone
Germany will have to leave the Eurozone should the German Constitutional Court find the ECB’s Outright Monetary Transactions illegal. The Court in Karlsruhe will decide whether the European Central Bank’s (ECB) Outright Monetary Transactions (OMT) is in the line with Read on! →
Europe: Is ‘Euro solidarity’ simply divisive rhetoric?
Billions of Euros have been poured into the EFSF, Eurozone bailout fund; but is solidarity with fellow members a good enough motivation to contribute?
Germany: Fear of hyperinflation is part of the culture
The Eurozone debt crisis has opened space for breaching the established rules, signing new treaties and implementing unorthodox measures.