Thursday, 2 June 2011

Martin Wolf's Intolerable Choices for the Eurozone

Martin Wolf provides a timely analysis of the Eurozone's options. Wolf argues that ultimately the Eurozone faces a choice between default and partial dissolution or open-ended official support.

1 comment:

Tom McDonnell said...

An update on this.

Wolf's core argument was itself based on analysis by Hans-Werner Sinn (see here:

This has now been challenged strongly by Olaf Storbeck and by Karl Whelan

Can any PE bloggers or readers shed light as to which side of the debate is right?