Finalmente a Francoforte hanno capito che lunico modo è commissionare lItalia. With the benefit of hindsight, it would have been useful to establish, alongside existing convergence criteria, a set of structural criteria that had to be met to enter the euro area and then respected once inside. The idea of forcing struggling economies to implement labour market and pension reforms has long been promoted by Berlin. It advocated mandatory “contractual arrangements” that would bind individual eurozone governments to annual reform programmes.
Posted on: Thu, 10 Jul 2014 22:07:57 +0000
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