What Hollande Must Tell Germany

Author: Martin Wolf
Financial Times

Martin Wolf argues that François Hollande can put the eurozone back on a path to prosperity by shifting German leaders' focus away from austerity and toward reforms coupled with symmetric adjustment of the monetary union's internal imbalances.

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Leaving the Euro Behind?

Author: Sebastian Mallaby
Washington Post

Sebastian Mallaby says that the eurozone's twin temptations--to borrow too much, to raise wages too much--always threatened the cohesion of the currency union. If Greece is rescued from its follies, these temptations will become stronger.

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