Financial markets ‘do not understand the euro’

Series Title
Series Details 6.12.10
Publication Date 06/12/2010
Content Type

Report of a FT interview with Wolfgang Schäuble, German Finance Minister, December 2010. Speaking as the winner of the FT competition for European finance minister of the year 2010 he said that European monetary union is a new form of governance for the 21st century, but international financial markets do not really understand how it works.

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