A Self-Inflicted Crisis? Design and Management Failures Leading to the Eurozone Crisis

Guillermo de la Dehesa writes that bailouts to weakest Euro member states in terms of solvency, have been triggered by Eurozone design and management failures. He notes that while such bail outs may be the only politically feasible way to walk slowly toward a single fiscal policy/ banking union, failures in the of Euro  management have proved costly and painful for some member states and for many eurozone citizens. Read more