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Posts Tagged ‘euro integration’

German ‘wisemen’ say euro zone states should be able to go bankrupt

Posted by seumasach on July 28, 2015

Ekathimerini

28th July, 2015

The German government’s panel of independent economic advisers favors the creation of a sovereign insolvency mechanism for euro zone states to prevent future crises and says countries should be able to leave the currency bloc as a last resort.

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Germany open to discuss euro zone budget with own tax

Posted by seumasach on July 28, 2015

Reuters

26th July, 2015

Germany is willing to discuss the creation of a euro zone finance minister who would have his own budget and raise extra taxes, the German magazine Der Spiegel reported on Saturday.

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