La razón por la que Angela Merkel (con Sarkozy) se opone a la propuesta de los eurobonos, es que de esta manera los países “pigs” relajarían la determinación necesaria para recortar el gasto público, liberalizar el mercado de trabajo y la economía en general.
May Greece and Ireland succeed in stabilizing the growth of public debt? To maintain a primary surplus of ten or more points for several years is a classical “mission impossible”. The only alternative is the issue of euro-bonds, but...
The size of the budget cuts exceed any cuts previously experienced in the OECD countries. The pain inflicted on the population is not only a temporary measure to solve macroeconomic problems It is a cure for entering the promised land of a much leaner state, reshaping economy in the interests of business.
After 1989, the cold-war’s paranoia was replaced by the competition’s paranoia.The targets of the new EU’s measures are the European welfare systems with the varieties of social and labour rights established in the past.
In recent months, Nicolas Sarkozy has reinvigorated the question of security in France. But this is nothing new and, given that the French president’s approval ratings reached an all-time low in July, the move is not surprising.