The making of Angela Merkel’s euro

In the aftermath of the Greek election, all eyes are on Athens to see if conservative New Democracy and socialist PASOK can successfully form a coalition. The election has distracted, for a day or two at least, from the real issue at hand – the need for a plan of action for the single currency.

What we need to do is turn our attention away from Greece and toward Berlin and Brussels. The fact is, the Greek election hasn’t really changed anything. The eurozone is in the same situation it was last week, just slightly calmer about the possibility of a Greek exit.

For the full story visit Business Spectator.


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