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Overcoming the Demons; German Leadership
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 407 no. 8840 (Jun. 2013)
,
page SS15-SS16.
Topik:
International Finance
;
Economic Planning
;
Monetary Unions
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Fast-forward seven years to 2020, the 30th anniversary of German unification (and, counting from the first Greek rescue package, the tenth anniversary of the start of the euro crisis). Leaders from across the European Union are arriving in Berlin for Germany's birthday celebrations. What sort of Germany will they be dealing with, and what sort of Europe will they be living in? First, let your optimism run wild. Imagine that the euro area is growing at a healthy pace, well into a recovery kick-started by the comprehensive clean-up and restructuring of European banks after the creation of the European banking union in 2014. Yet looking around the euro zone today, darker outcomes seem much more plausible. How can Europe avoid this grim outcome and improve the chances of a better future? The common rules to boost competitiveness on which Germany is so keen can be introduced without a wholesale revision of Europe's treaties.
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