The case against a European Monetary Fund

cep's latest policy brief cited by Financial Times, Good King News, Political News

After 154 economists hit out at the eurozone's bid to create a "liability union", the German-based Centre for European Policy says a revamped EMF with a fiscal backstop for banks would break German constitutional law, "create false incentives, and reduce the pressure to reform". Read their latest policy brief here.

...read here or here