Europe planning to solve the wrong crisis

Author (Person)
Series Title
Series Details 7.2.11
Publication Date 07/02/2011
Content Type

Commentary feature. Wolfgang Münchau laments why we dream about eurozone policy co-ordination in a post-crisis world, instead of tackling the problems we already have - a crisis of contingent liabilities that arise from undercapitalised and nationally fragmented banking systems, aggravated by a competitiveness gap in Europe.

Related Links
ESO: Background information: Cracks over Franco-German eurozone plan http://www.europeansources.info/record/cracks-over-franco-german-eurozone-plan/

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