The Daily Bell
Thursday, August 09, 2012 – by Staff Report
Euro founder admits some nations may be forced to leave ... One of the founding fathers of the euro admits that some states may be forced to abandon the single currency, but insists Germany would be better off staying in. Otmar Issing, a former European Central Bank chief economist, warned that the eurozone could be heading towards fracture in a book called How we save the euro and strengthen Europe published this week. "Everything speaks in favour of saving the euro area. How many countries will be able to be part of it in the long term remains to be seen," said Mr Issing in the book, which is written as a conversation between an economist and a journalist. – UK Telegraph
Dominant Social Theme: Like Celine Dion's heart, the EU and euro will go on ...
Free-Market Analysis: Are the Eurocrats finally starting to crack? Otmar Issing, a notable pro-EU figure, has just released a book that promotes the possibility of a euro bust-up.
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