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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches, Market, Research

From EMU to EMF: but will it fly?

Posted on 12 March 2010

From WSJ: When historians come to explain the Great Greek Crisis of 2010, the question they will struggle to answer is not just how it erupted, but why it brought searching questions to bear on the workings of European monetary union.
No event has more exposed the fundamental weakness at the heart of the single currency construct, from the threadbare auditing of Greece’s financial credentials when it first joined the euro to the lack of a will to act collectively when trouble struck……………………….Full Article: Source


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