Opinion piece by
Simon Tilford Financial Times Deutschland, 12 April 2012
Die Politiker und Vordenker der Eurozone haben keinen Zweifel: Durch die Vergrößerung des Rettungsfonds, des Europäischen Stabilitätsmechanismus (ESM), haben sie ihren Teil dazu beigetragen, die Mitglieder der Währungsunion zu stützen, die sich in Schwierigkeiten befinden.
LE CERCLE. (par Simon Tilford) - Les décideurs et les hommes politiques de la zone euro ne doutent de rien : ils ont contribué leur part pour soutenir les membres de l’union monétaire en difficulté en accroissant le montant de son fonds d’urgence, le Mécanisme européen de stabilité (MES).
LONDON – Eurozone policymakers and politicians are in no doubt: they have done their part to support the currency union’s struggling members by increasing the size of its rescue fund, the European Stability Mechanism (ESM).
European youth unemployment is unacceptably high. Governments are trying to push young people into work, despite weak demand: they would do better to educate them.
Economic recovery in Europe is being held back by the unprecedented weakness of business investment. Despite a secular decline in business taxation and labour market reforms that have boosted the power of capital relative to labour, the ratio of investment-to-GDP across the EU is at a 60 year low.
Opinion piece by
Hugo Brady The Wall Street Journal, 19 March 2012
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