03-02-2009, 09:53 AM
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Confirmed User
Join Date: Mar 2008
Location: London, Saint-Tropez, Bermuda, Moscow
Posts: 5,289
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Quote:
Originally Posted by CarlosTheGaucho
Thanks for the links, I'll review that tonight or tomorrow morning.
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Hot off the press...
Economic crisis threatens the idea of one Europe
Quote:
"The European Union will now have to prove whether it is just a fair-weather union or has a real joint political destiny," said Stefan Kornelius, the foreign news editor of Süddeutsche Zeitung in Germany. "The whole project of a joint currency is being tested for the first time. We always said you can't really have a currency union without a political union, and we don't have one. There is no joint fiscal policy, no joint tax policy, no joint policy on which industries to subsidize or not. And none of the leaders is strong enough to pull the others out of the mud."
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http://www.iht.com/articles/2009/03/01/europe/union.php
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