Europe’s Plan A
Today, a new consensus is emerging that the euro was devised in a fit of giddy and irresponsible optimism – or, alternatively, panic at the prospect of German hegemony over Europe in the wake of the fall of the Berlin Wall. Nothing could be further from the truth.
https://prosyn.org/bEFq2o9
FRANKFURT – Europe’s politicians nowadays are desperately looking for someone to blame for the euro crisis. Germany blames France, and vice versa. Even lawyers are getting into the act, trying to identify legal responsibility for the monetary union’s design flaws.