France Has Its Own Currency Again
Krugman, Paul. Joe Weisenthal draws our attention to a development that may surprise many people: French borrowing costs are plunging. (Don’t tell George Osborne — he thinks that low British rates are a unique personal achievement). Πηγή: The New York Times πλήρες κείμενο
Three New Lessons of the Euro Crisis
Subramanian, Arvind. While some observers argue that the key lesson of the eurozone’s baptism by fire is that greater fiscal and banking integration are needed to sustain the currency union, many economists pointed this out even before the euro’s introduction in 1999. The real lessons of the euro crisis lie elsewhere – and they are […]