Tag: Common currency
The ECB is getting even more political
The European Central Bank (ECB) has increased interest rates by half a percentage point. Negative interest rates are history, the official base rate is even 0.5 percent. So far so…
The future of the euro does not depend on rigid debt limits
Even if this rule does not call for drastic debt reductions, Greece, Spain and Italy would have to adhere to a consistent consolidation course for several decades in order to…
Euro: initially took some getting used to, today there is no alternative
Because what most critics of the euro overlook or ignore is that inflation in Germany has mostly been lower in the past two decades than in the D-Mark era. The…