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(F.Times August 14, 2011 7:40 pm)
Three steps to resolving the eurozone crisis
By George Soros
A comprehensive solution to the euro crisis must have three major components: reform and recapitalisation of the banking system; a eurobond regime; and an exit mechanism.
(F.Times August 14, 2011 6:01 pm)
Germany and France rule out eurobonds
By Peggy Hollinger in Paris, Chris Bryant in Frankfurt and Quentin Peel in Berlin
Germany and France are ruling out common eurozone bonds to solve the bloc’s current debt crisis, in spite of renewed pressure ahead of a meeting of chancellor Angela Merkel and president Nicholas Sarkozy on Tuesday.
Republicans Debate Higher Taxes on the Rich
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The idea of raising taxes on rich Americans has caught the Republican Party
between its populist ambitions and low-tax instincts.
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