þriðjudagur, 1. mars 2011

Europe’s growing prosperity gap Outside the Box - MarketWatch

"The Franco-German plan, which would force members of the European Union to coordinate many social and economic policies like retirement ages and debt limits that have traditionally been dictated by individual nations, was immediately panned by the zone’s smaller countries. France and Germany have since signaled a willingness to address some of the concerns of their European brethren.

As they work out the details, European leaders must recognize that simply restoring the balance sheets of the continent’s ailing economies will not save the euro zone. If EU policy makers are to have any hope of preserving the common currency, they must also address Europe’s prosperity gap."