Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
You could either have a federal investment arm to create demand in times of need.

Did you know that the European Investment Bank has a stack of projects ready to fund in Greece, but it cannot fund them because half of the funding needs to come from the member state concerned and austerity policies don't allow Greece to spend any money on such projects?

A strong currency protects the purchasing power of consumers, making vital imports like gasoline, coffee, bananas (and foreign vacations!) cheaper

The EU has balanced external trade. Do you think monetizing sovereign Eurozone debt would change that?

There are three stories about the euro crisis: the Republican story, the German story, and the truth. -- Paul Krugman

by Migeru (migeru at eurotrib dot com) on Sat Mar 17th, 2012 at 05:53:21 PM EST
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