The writing is on the wall...
Eurozone 'destruction' necessary if countries are to thrive again, warns former ECB hawk
The eurozone must break up if its members are to thrive again, according to a former European Central Bank official. Jürgen Stark, who served on the ECB’s executive board during the financial crisis, said it was time to “think the unthinkable” and work towards a “reset” of Europe that pulled power away from Brussels. The former vice-president of Germany’s Bundesbank said the creation of a two-speed eurozone, with France and Germany at its core, would help to ensure the smaller bloc’s survival.The eurozone must break up if its members are to thrive again, according to a former European Central Bank ... (full story)