Schäuble advisor expects breakup of the euro zone. Top adviser to the Ministry of Finance Kai Konrad says: “Germany can not save the euro zone.”Max Planck economist advises: “If, then Germany must get out of the euro”.
The leading scientific adviser to the Ministry of Finance expects a
breakup of the euro zone because of the growing economic
disparities. ”Germany can not save the euro zone. Whoever believes that
refuses to accept the reality,” Kai Konrad says in the “world”
interview, he is the director of the Max Planck Institute for Tax Law
and Public Finance in Munich and Chairman of the Scientific Advisory
Board with Finance Minister Wolfgang Schäuble (CDU).
Although Germany could not get off for political reasons from the
euro itself. . “Other countries could Germany but urge this can happen,”
says economist Konrad and advises talking to the “world”. “When you
want to leave the monetary union, this should be done on the northern
border If, then Germany must out of the euro. “
“Germany can not save the euro-zone”
Kai A. Konrad, chief advisor to the Minister of
Finance, the expected collapse of the euro zone. He proposes a Germany
phasing out of monetary union – Europe must be saved, not the
Euro By Martin Greive.
http://www.welt.de/politik/deutschland/article119104708/Deutschland-kann-die-Euro-Zone-nicht-retten.htmlhttp://translate.google.de/translate?hl=de&sl=de&tl=en&u=http://www.welt.de/politik/deutschland/article119104708/Deutschland-kann-die-Euro-Zone-nicht-retten.html
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