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Image header Agence Europe

Europe Daily Bulletin No. 10677

Contents Publication in full By article 1 / 21
A LOOK BEHIND THE NEWS
A Look Behind The News, by Ferdinando Riccardi: Correct functioning of eurozone is linked to as yet nonexistent parallelism between bailout mechanisms and monitoring systems

A nonexistent but indispensable parallelism. The people responsible for managing the eurozone, along with the honest experts and economists, are perfectly well aware of the fundamental reason preventing the effective management and stability of the single currency - it can be found in the absence of parallelism between, on the one hand, the giving of support to the countries in trouble and, on the other hand, the effective control of respect by these countries for the commitments they have...