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Business Daily: Should the Euro Fail?

Should the Euro Fail?

11/09/2012

BBC World Service - Business Daily, Should the Euro Fail?

As the Dutch vote, and Germans debate the legality of bailouts, who still loves the euro?

As the Dutch go to the polls, and German constitutional court decides whether bailouts are legal, who still loves the struggling euro? Views from Warsaw, Berlin, the Hague and Athens.

Europe ponders its future this week. As the Dutch go to the polls and the German constitutional court debates whether bailouts are legal, we ask how Europeans feel about their benighted single currency. 

We hear from Stefan Kawalec of the consulting firm Capital Strategy in Warsaw. A former Deputy Finance Minister of Poland and one of the architects of that country's "shock therapy" reforms in the early 1990s, he wants to see the strongest nations like Germany leave the euro. 

Also we hear views about the currency from the Hague, where the Dutch are going to the polls in parliamentary elections, and from Greece, where despite two bailouts, three elections, and five years of recession, most people still want to remain in the single currency. 

And we hear from Artur Fischer, head of the Berlin Stock Exchange, who offers his view about the likely constitutional court ruling and what the German markets want to see as a recipe to save the euro.

(Image: The Euro sign, seen in front of the European Central Bank in Frankfurt, Germany)

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