Maintain the Euro stability
The budget deficit of the EU countries have skyrocketed due to the financial crisis in the air. While Germany has a comparatively modest budget deficit, the budget deficit is 12.7 percent of the Greeks confirmed BIPMaastricht-criticism by economists. How can the euro’s stability be maintained? During the signing of the Maastricht Treaty (1992), 62 German […]
The risk of poverty
“Number of poverty is growing rapidly” was announced. In Germany, there will be a loud DIW study 11 million poor people. Inevitably, appear in the mind’s eye images of mass squalor and misery and this in the middle of our (affluent) society. How can this be, asks the citizen. After all, we live in one […]
Is the Euro in danger?
The debt crisis in Europe is to test for the single currency. A legal opinion of the Bundestag has now determined that the Article 122 of the TFEU provides a legal basis for Germany’s commitment to help Greece, because it concluded that the Greek budget crisis is an emergency. Literally from the corresponding passage says […]