Étiquette : interest rates

Back to the deutschemark ?

mai 28, 2019 0

  Martin Feldstein, a Harvard economist, wrote premonitorily in 1997 that the euro’s introduction “would exacerbate economic cycles by worsening unemployment in certain member states. Such economic woes would contribute to a crisis of confidence in the Union”. In fact, those who were convinced that the Union’s crisis since 2009 would only be a one-off…

Par Michel Santi