Thursday, December 2, 2010


Quantitative easing by the European Central Bank has been proposed as one solution to the eurozone crisis. Another is the formation of a united states of Europe.
European leaders have failed to convince investors that Ireland's €85bn (£72bn) bailout package is enough to ensure the survival of the eurozone, begging the question of what can be done to restore confidence in the single currency.
Options range from printing more money to buying up bonds issued by the most indebted nations, to creating a united states of Europe where the nations are not just tied together by monetary policy but by fiscal policy too.
While a wide range of ideas are being considered, the debate about whether any of them will work and whether the eurozone can survive rages on.Agerpres, Mediafax, Romanian Vancouver Sun,Global News, Financial Times,Le Monde,Tribune, ,Wall Street Journal,The Washington Times,Athens News,The New York Times,USA Today

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