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Questo articolo è stato pubblicato il 25 giugno 2012 alle ore 15:51.

Most importantly, the leaders should break the political deadlock. Germany does not want closer financial solidarity if not accompanied by political integration. France wants financial solidarity without closer political integration. Both camps have stuck to their positions for at least a quarter-century.

It is time to bridge the gap between them. The perception that Europeans can agree on abstruse technicalities, but not on essentials, is a fundamental reason why the euro’s magicians are losing their touch.

Jean Pisani-Ferry is Director of Bruegel, an international economics think tank, Professor of Economics at Université Paris-Dauphine, and a member of the French Prime Minister’s Council of Economic Analysis.

Copyright: Project Syndicate, 2012.www.project-syndicate.org

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TAG: Bce, Professor, International Monetary Fund, Jean Pisani-Ferry, Europe, AN

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