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RSS FeedsA willingness to fix the euro´s flaws is fading fast
(WorldNews Greece)

 
 

20 april 2018 01:57:17

 
A willingness to fix the euro´s flaws is fading fast
(WorldNews Greece)
 


FRANKFURT, Germany (AP) - When Angela Merkel was re-elected as Germany’s leader in March, the way looked open for European nations to finally patch the remaining cracks in the euro - the structural flaws that threatened to break apart the shared currency in 2010-12. Suddenly, those prospects for far-reaching agreements are fading, as one proposal after another falls by the wayside. The reason: longstanding German fears of being handed the bill for financial profligacy in other member countries. A long-awaited European Union summit June 28-29 may now produce vague agreements only on limited parts of wide-ranging proposals to strengthen the way the euro is set up. The bigger ideas for...


 
6 viewsCategory: General > Europe > Greece
 
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