Sunday, April 07, 2013

'Why Germany has had enough of the euro'

Bernd Lucke interview: 'Why Germany has had enough of the euro' - Telegraph
As such, Mr Lucke advocates a progressive “dissolution” of the eurozone, with southern European nations – Greece, Cyprus, Portugal, Spain, Italy –leaving forthwith. Even more controversially, he also recommends the same fate for France, leaving a rump eurozone of financially prudent Nordic nations that would likewise eventually dissolve as well.

“They (France) should leave and then we would be left with a much smaller eurozone, which could then perhaps exist for a longer period of time,” he said. “It could live on, or it could perhaps be dissolved after the southern European countries have left.”

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