
Germany should answer why Europe is beset by weak economy and high unemployment
2020-01-28 09:38:36 source:CNBC
January 27, 2020
The present generation of Europeans are lucky heirs to the wisdom and sacrifices of their elders who built the rules and institutions to manage the project of the economic and political union.
People and leaders of the six signatories of the 1957 Treaty of Rome — France, Germany, Italy, The Netherlands, Belgium and Luxembourg — deserve enormous credit for having led the process of postwar reconciliation and the continent’s recovery in peace and prosperity.
With perseverance and great competence, they have crowned the original customs union of the late 1950s with the single market, the common currency and a monetary union managed by a genuinely independent European Central Bank.
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