Fabio Ghironi — Variable geometry bites back: Schäuble’s motives

Is Schäuble’s vision of the EZ a federated state consisting only of the North? History suggests this may be the case. 

This would involve a significant realignment, not only economically but also geopolitically.

Vox.eu
Variable geometry bites back: Schäuble’s motives
Fabio Ghironi | Castor Professor in Economics, University of Washington; Research Fellow, CEPR; Fellow, EABCN

ht Mark Thoma at Economist's View