Another round of negotiations between Greece and the Eurozone’s powers-that-be broke down on Thursday. That leaves the two sides with little time to negotiate the terms of further aid to Greece, before the current bailout runs out at the end of February. If they can’t come to an accord, Greece may well pack up its bags and ditch the Eurozone. On its face, this is a straightforward story of obtuse, high-handed decision-making by the Germans.
To Survive, The Eurozone Must Become More Like The United States
The Week - Business, The Week: Business
Fri, 02/13/2015 - 3:49am
Topics: february french international monetary fund central bank ecb continent greece s federal reserve u.s ecb to ecb has the united u.s that s december north dakota greece's great depression–esque 25 germany's unpleasant-but-hardly-catastrophic 6 imagine u.s u.s confederation for worse greece eurozone germans europe ecb united states germany america u.s policy economy percent fiscal government crisis currency unemployment current rate spending run runs huge stage cultural ditch common regulatory system story sees avoid share situation countries deeper controlled country
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