The unstarvable beast
By Kenneth Rogoff - 03.01.2013 / 16:00 CET
The US is battling with a question that other countries also face: how to innovate in the public sector, a part of the economy in which innovation is especially hard?
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In legal opinion, Germany's central bank attacks eurozone rescue measures. |
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EU bank resolution authority needs a 'sold legal base', says German finance minister. |
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Distinguishing between foreign and domestic debt is crucial to understanding the role of austerity |
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Protestors at Gare du Nord in Brussels during EU-wide strike on 14 November 2012. REUTERS
It is undemocratic that the ECB can set the eurozone-wide inflation target unilaterally.
A debt-mutualisation scheme for the eurozone must satisfy three crucial requirements.
Distinguishing between foreign and domestic debt is crucial to understanding the role of austerity
London position as a global financial centre is under threat
Deputy secretary-general at the Elysée, Emmanuel Macron