'Merkozy' Should Focus on Putting Out Euro Fire: Analysts - EU Business News. He said stage two in bringing fiscal union would be a framework for common income and corporate tax across the euro zone and stage three, actual European taxation.
"Is there political will to get to stage two and stage three? I think there's a long way [to go]," Parker said. Analysts and market participants agree that, down the line, fiscal union is what is needed for the euro zone to survive and they say Merkel is pushing the idea because she needs to persuade her taxpayers they need to save countries on the euro zone's periphery. But political leaders must sort out more pressing problems first. Janet Henry, an economist at HSBC, said a long-term roadmap for "genuine fiscal union with eventual common bond issuance," a larger expansion of the ECB's balance sheet and steps by export-oriented countries to do more to boost domestic demand are the "comprehensive" solution to the crisis. 'Turbulent' Political Landscape "What next? Cuesta de enero…, de febrero, marzo, abril… Sístole y diástole en la Europa del “Merkozy” Ed.
Impresa PUNTOS DE VISTA Por Ruddy Orellana V. - Columnista - 14/01/2012 No sé por qué Frau Merkel se escandaliza tanto cuando se habla de una Europa a dos velocidades, cuando en la práctica la zona ya alcanzó, desde hace mucho, pese a los euro esfuerzos y a los euro rescates, esos dos polémicos niveles. El enunciado no desvela nada nuevo en el frente. A principios de 1990 cuando la fundación del euro estaba dando sus primeros pasos, ya se digería con cierta reticencia una Europa a dos velocidades. “El tren de la Unión no puede siempre moverse a la velocidad del vagón más lento. ¿De quién fue esta afirmación tan futurista y contundente? Pero no sólo Prodi auguraba una crisis política y económica a largo plazo, sino también los indicadores económicos y las gestiones un tanto debiluchas que se fijaron para incluir nuevos miembros a un proyecto de tanta envergadura.
¡Los euro rescates a la orden del día! Y de pronto la debacle se vino de una sola vez. ¿Qué pasó? From Fiesta to Siesta: Spain, Merkozy, and Neo-Eurosclerosis « InPEC. In this article, the author analyses the Euro crisis by taking a look at Spain and fiercely criticises European conservatives’ obsessive focus on austerity, a trend that is inevitably leading the old continent towards a state of Neo-Eurosclerosis.
By David J. Franco, 4 Jan, 2012 European politics is a tough game: on the one hand, there is the political struggle in which parties seek to win a domestic electorate with old-fashion programs covering issues such as the level of state intervention, economic growth, and social integration and protection. Here the talk is usually centred on taxes, employment, state regulation, and welfare programs. On the other hand, European integration and monetary union are forcing member states to strengthen their positions in an attempt to resist challenges to state sovereignty.
The current exact figure of Spain’s public deficit is a matter of serious debate. Regarding the measures announced by Mr Rajoy, two points come immediately to mind. Like this: “Merkozy” quiere dejar atrás el rigor. Saving the euro, part 473: Merkozy rides again.