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Global Must Read Articles

January 14, 2011 | Foundation Work Needed to Strengthen Euro

If Spain and Italy cannot shoulder their debt burdens, the euro will collapse despite its strong German foundations. ++ Using the analogy of a building, the common currency requires serious foundation work- in this case the expansion of a rescue fund for troubled States. ++ A swing toward a “transfer union” can no longer be denied. ++ It is necessary to admit that the stronger countries will have

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April 20, 2010 | Germany Won't Let Greece Be the Next Lehman Bros

The collapse of Greece’s financial system would be as detrimental as that of a major bank. ++ Germany ultimately benefits from a stable euro-zone. ++ Germany has said that it supports assistance to Greece as a last resort. ++ The German government is now prepared to join the bailout effort as Greece has now made necessary concessions. ++ “Having an effective Europe, both

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March 29, 2010 | The "German Question" for the 21st Century

The “German Question” has returned, only this time the concern is not over an aggressive, expansionist state in the heart of Europe, but of an introverted power overly concerned with its own self-interest. ++ Chancellor Merkel’s hostility toward a German bail-out for Greece is evidence that Germany is seeking to define its interests more narrowly. ++ “Whether it is economics or foreign affairs,

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March 24, 2010 | Eurozone Seeks a Leader: Merkel Says "Nein Danke"

“The European Union has been unable to deliver because Chancellor Angela Merkel of Germany, Europe’s biggest, richest country, has been unwilling to lead.” ++ Greece has adopted tough new austerity measures designed to get its fiscal house in order, but thus far Germany has refused to provide the crucial loan guarantees Greece is seeking. ++ If Chancellor Merkel is unwilling to provide such

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