| 24/01/2012

In a Tribune published by the Frankfurter
Allgemeine Zeitung and Le
Monde, Henrik Enderlein says that “a combination of the European Financial
Stability Facility (EFSF) and the European Stability Mecanism (ESM) is the last
chance for a quick solution to the crisis” in Europe. Notre Europe offers the English version of the article.
Notre
Europe offers the English version of the article.
Extracts:
“The current weakness of the Euro
against the US dollar is not just the result of the different economic and
interest rate outlook in Europe and the USA but also reflects the greater
scepticism of the financial markets towards the management of the crisis in
Europe. This scepticism is comprehensible. While in the past two years there
was hope that Europe would still come up with a comprehensive approach to
solving the crisis in the end, this led to disillusionment in the second half
of 2011. There does not currently seem to be any comprehensive approach to a
solution which seems to be politically and legally achievable. (… )”.
Articles by
Henrik Enderlein :