May 3, 2012
Here's How Merkel Can Save Europe
Ferguson & Barbieri, Financial Times
Europe, it seems, is the problem. Eminent economists argue that the monetary union is doomed. The fiscal compact agreed to last year, they warn, is crushing Spain’s economy with unwarranted austerity. If François Hollande is elected French president this month, he may even seek to renegotiate the pact.