Investor Matthias Weik believes the eurozone will fall apart in 2017! He says Greece will not benefit from further bailouts, and that its debts will inevitably have to be written off. And what about France and Italy? The future does not look bright.
The economic outlook for both the eurozone and the EU as a whole is increasingly upbeat, says the European Commission. Although concerns remain, the crisis of recent years seems to be finally over.
German Finance Minister Wolfgang Schäuble, a seasoned stickler, is bidding farewell after eight years. Though anyone in the EU looking forward to a future of more debt may be cheering too soon, writes Bernd Riegert.
German Finance Minister Schäuble has welcomed calls from the European Commission that all EU member states aim to join the eurozone. However, he has urged all parties to heed the lessons from Greece.
In its latest assessment and forecast for the world economy, the International Monetary Fund has been the bearer of some rare good news. Yet, while the global economy is enjoying strong growth, challenges remain.
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