Suchergebnisse

After seven years as Mr. Euro (President of the monthly meeting of eurozone finance ministers), Jean-Claude Juncker is once more preparing to take on the relatively ordinary role of head of government. Since the outbreak of the sovereign debt crisis two years ago, the Luxembourg Prime Minister has spared no effort in defending the single currency. However, he does not join those who are proclaiming victory a bit early. The situation of the most fragile countries, particularly Greece, is still disturbing. More financial regulation measures are needed. When asked about the Sarkozy/Merkel partnership, Jean-Claude Juncker scoffs at the idea that the French-German duo holds Directory-style power over the European Union. In fact, many Paris and Berlin initiatives have been ignored by the eurozone. Luckily, there is still room for the small countries, often more virtuous than their larger cousins, to get their voices heard. Adapted from the source document.