The ECB is the currency issuer and it does more or less what it likes to keep the Member States solvent.
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Bill Mitchell – ECB asset purchase programs are the only thing keeping Member States solvent
Economics
Bill Mitchell: Abandoning the euro would have essentially zero negative income effects for the vast majority of Member States
“I am still one that considers the only viable future for the 20 Member States is to exit the EMU, restore their own currency sovereignty, and then negotiate inter-governmental agreements at the European level (by […]
EU-Institutions
Marco Buti, Giancarlo Corsetti: The First 25 Years of the Euro
The great experiment of a currency union among independent states – integrating their economies in a single market – has shown extraordinary resilience, despite its half-baked beginnings. Read HERE www.elbpresse.de/Creative Commons
Environment
San Francisco Chronicle – Court upholds $25.2 million in damages in Bayer Roundup herbicide cancer case
A federal appeals court upheld $25.2 million in damages Friday for a Bay Area man who contracted cancer after spraying Monsanto’s Roundup herbicide on his property for more than 26 years, the first federal court […]
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