Showing posts with label monetary union. Show all posts
Showing posts with label monetary union. Show all posts

July 07, 2015

Greece's vote edges it towards euro exit, but the odyssey is far from over

Greece’s membership of the euro hangs by a gossamer thread after the victory for the no side in the country’s referendum. The cash machines are running out of money and the economy is in freefall.

December 25, 2013

Euro needs ground-up reform before any United States of Europe

The European Union has earned its place as an instrument for peace in Europe. Free trade has brought prosperity to its peoples, and the freedom to choose a place of residence guards against the resurgence of totalitarian regimes.