Why Germany cannot be a model for the eurozone

Commentary feaure. The decisions reached at the European Council, Brussels, 25-26 March 2010 relating the Greek debt crisis was not a solution, says the writer, but a fudge. The IMF cannot save Europe.

The author contends that the crisis is profound – for the eurozone, the European Union and the world.

ESO: Background information: The euro’s big fat failed wedding http://www.europeansources.info/record/the-euros-big-fat-failed-wedding/

ESO: Background information: Eurozone agrees to Greek rescue deal http://www.europeansources.info/record/greek-deal-hammered-out-at-summit-eurozone-agrees-to-greek-rescue-deal/

ESO: Background information: Europe has resolved nothing over Greece http://www.europeansources.info/record/europe-has-resolved-nothing-over-greece/

ESO: Background information: A euro exit is the only way out for Greece http://www.europeansources.info/record/a-euro-exit-is-the-only-way-out-for-greece/

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