4 ms·
It's difficult fix "structural problems" when the monetary policy is decided by others, and not following your interest. Whoever thinks the Euro is a success h
by RobertoG 10y ago
It's difficult fix "structural problems" when the monetary policy is decided by others, and not following your interest.
Whoever thinks the Euro is a success has not been paying attention and probably don't understand how monetary policies (and money) works.
The Euro-area countries has been forced to follow procyclical policies, in a time when govern spending was necessary.