Rhein on Energy and Climate

Archives for Euro-zone

The re-elected Polish government is determined to tackle far-reaching economic and fiscal reforms in order to prepare the country for future uncertainties and challenges. It wants to put its public finances in order in view of joining the Euro-zone when the present crisis will have been resolved.. To that end, it aims at reducing its… » read more

Posted by Eberhard Rhein

Never before in the last 50 years have European political leaders spent so much energy and time on the solution of a problem that should never have arisen: the Greek debt crisis. The Greek debt crisis has occurred because of serious shortcomings in economic governance in Greece, with a good deal of co-responsibility by EU… » read more

Posted by Eberhard Rhein

Thanks to the Euro, members of the Euro-zone have been able to weather the international financial crisis much better than those outside the euro-zone. Hungary and UK, not to mention Iceland, have seen their currencies coming under pressure for devaluation, as they lacked the solidity and solidarity of the single currency. It is therefore not… » read more

Posted by Eberhard Rhein