Thursday, December 01, 2011

European Union Euro Situation: Structure not Funding is the Problem, Says Harvard's Rogoff

Euro Zone problems are discussed by Steven Erlanger at the New York Times in
New Warnings of Euro Zone Danger

as Erlanger writes:
" For Kenneth S. Rogoff, an economics professor at Harvard, the biggest problem for the euro is not money so much as structure, or the lack of it. “This is a deep constitutional and institutional problem in Europe,” Mr. Rogoff said. “It’s not a funding problem.”"
Hat tip to CaryGEE.

Crossposted from LawPundit.