Do Eurozone Leaders Finally ‘Get It’? Not Quite Yet
December 05, 2011 at 12:01 PM EST
This week’s announcements by German Chancellor Angela Merkel and ECB President Mario Draghi that the Eurozone is taking steps towards a closer fiscal union seem to be calming markets and restoring confidence in the decision-making of Eurozone leaders. This column argues, however, that the devil is still in the detail. We seem to be watching [...]