Eurozone 'destruction' necessary if countries are to thrive again, warns former ECB hawk
From telegraph.co.uk
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 official. ...
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