European sovereign debt crisis

Is the Eurozone Starting to Drag Down Germany?

Is the Eurozone Starting to Drag Down Germany?

That’s the fear raised in a recent Deutsche Welle article: The total number of people out of work in Germany fell by 46,174 in June in unadjusted terms, to stand at 2.809 million, the Federal Employment Agency (BA) in Nuremberg reported on Thursday. On a year-on-year basis, the number fell by 84,000 people. The unadjusted […]

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Eurozone Crisis?  Not to Worry!

Eurozone Crisis? Not to Worry!

That’s the conclusion of economists Fred Bergsten and  Jacob Funk Kirkegaard.  They take the long view of things.  From that perspective, not only will Europe rise to the occasion, the EU will become stronger as a result: As the US Constitution’s 27 current amendments clearly show, faulty initial designs need not preclude long-term success. If […]

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