Dossier opened: Saturday, May 15, 2010

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The Financial, Economic and Greek Crisis

Europe has to evolve: learning the lessons of the Greek crisis and looking for a better way to run itself by reconsidering the eurozone rules. Not simply to punish the overindebted but also to encourage nations that run large current account surpluses to spend more.

It is not only about the survival of the monetary union called the eurozone but about the continued existence of the European Union. It would be very bitter if the financial crisis originating from the United States would destroy the European Union.

Peter N. Kramer
Editor in Chief

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