Detail The Other Moral Hazard; Charlemagne   Oleh:  [s.n] Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 404 no. 8804 (Sep. 2012), page 66. Topik: International Relations; Politics; Economic Policy; Moral Hazard Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.73 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel Stitch by stitch, Germany is unraveling the carefully knitted deal that offered the euro zone the best chance yet of overcoming its crisis. Until this week European officials dared to imagine they had got ahead of the markets with two big moves. First, the ECB declared that it will act as a lender of last resort for troubled countries like Spain (if they agree to a reform programme). And second, the euro zone pledged to create a banking union to sever the death loop between weak banks and weak sovereigns. Now that the ECB had averted the threat of the euro breaking up, others have space and time to repair its design flaws. If only it were so easy. Protests and strikes against austerity have restarted in debtor states, and secession-ism is stirring in Spain. Just as worrying, creditor states are showing every sign of going slow, and even reneging, on their promises to strengthen the euro zone. Ruckfall, the German word for backsliding, is one reason the euro zone is being pushed back into an acute phase of the crisis. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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