Top Leaderboard, Site wide
April 2, 2015
Truthdig: Drilling Beneath the Headlines
Sign up for Truthdig's Email NewsletterLike Truthdig on FacebookFollow Truthdig on TwitterSubscribe to Truthdig's RSS Feed

Get Truthdig's headlines in your inbox!


Hate Doesn’t Pay
Terrorism, Violence, and the Culture of Madness




The Buried Giant


Truthdig Bazaar
The Nature and Destiny of Man

The Nature and Destiny of Man

By Reinhold Niebuhr; Robin W. Lovin (Introduction by)

more items

 
Ear to the Ground
Print this item

Saving the Euro Might Mean a United States of Europe

Posted on Jun 5, 2012
Images_of_Money (CC BY-SA 2.0)

European leaders are drawing up a solution to the EU’s fiscal crisis that would hand sovereignty over the budgets and fiscal policies of eurozone states to Germany in return for the pooling of national debt and banking liabilities. Brussels, France, Spain and Germany all support a federalized eurozone.

The Guardian:

A “gang of four” – the European council president, the commission chief, the president of the European Central Bank and the head of the eurogroup of 17 finance ministers – has been charged with drafting the proposals for a deeper eurozone fiscal union, to be presented to an EU summit at the end of the month.

“You can’t demand eurobonds but not be prepared for the next step in European integration,” Germany’s chancellor, Angela Merkel, said at the weekend. “We won’t be able to create a successful currency like that and no one outside will lend us money any more.”

Read more

—Posted by Alexander Reed Kelly

More Below the Ad

Advertisement

Square, Site wide

New and Improved Comments

If you have trouble leaving a comment, review this help page. Still having problems? Let us know. If you find yourself moderated, take a moment to review our comment policy.

 
Right 1, Site wide - BlogAds Premium
 
Right Skyscraper, Site Wide
Right 2, Site wide - Blogads
 
Join the Liberal Blog Advertising Network
 
 
 
Right Internal Skyscraper, Site wide

Like Truthdig on Facebook