The transatlantic democracy deficit

Foreign Policy April 29, 2010 Europe’s financial difficulties were predictable, but they have been unfolding at a startling clip. This has brought out different reactions in different commentators. Paul Krugman, for example, is preparing to hide under a table. I am no less impressed by the potential for disaster, but I am also struck by […]

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The Euro Zone Needs New Rules

Spiegel April 29, 2010 The current Greek crisis has shown all too starkly the limits of the euro zone’s sanction and support mechanisms. If the monetary union is to have a future, it needs new rules to keep members in line and bail them out if necessary. more

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