Controversy: do we have to save the euro?

Quelle: Images of Money / Flickr, Copyrights: CC BY-SA 2.0

Is it mandatory to save the Eurozone, no matter what the price? Are there other visions for Europe’s future?

Roger Bootle, executive director of the consultancy Capital Economics (London) and Andreas Krautscheid, member of the executive board of the German Banking Association, will discuss the pros and cons at the Heinrich Böll Foundation’s international conference Europe’s Common Future.

Here is what they have to say on this controversial issue.

Why the Eurozone Needs Radical Economic Adjustment – and the Case for Break-Up

September 25, 2012 - Some sort of fiscal and political union is feasible. Yet does it make sense for Germany to be in such a union? Isn't is about time that German consumers had their day in the sun? That, amongst other things, is what a euro break-up would deliver. Roger Bootle more»

Will the Collapse of the Euro Trigger the Collapse of Europe?

October 1, 2012 - The collapse of the euro and of the Monetary Union would have grave consequences not only for Europe’s economies but also for Europe’s social and cultural development. The answer has to be a conscious shaping of Europe’s future and amendments to the European Treaties. Andreas Krautscheid more»

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