More news on the eurozone front this weekend as we learned that France and Germany are preparing plans for an IMF-style European Monetary Fund (EMF). German Finance Minister Wolfgang Schäuble has said he will “present proposals soon” for a new eurozon…
Here’s another thought for the weekend.Apart from the legal obstacles (at least on paper) involved in giving emergency support to Greece - something we’ve touched on many times before - there may be a second legal hurdle that EU leaders have to clear …
As Greece’s troubles continue (save yesterday’s temporary boost), the debate on whether the EU Treaties legally allow the EU to bail out one of its member states rages on. On his blog, the FT’s EU correspondent Tony Barber claims that the “EU possesses…
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