Europe's Bailout Politics

Vaubel, Roland
March 2011
International Economy;Spring2011, Vol. 25 Issue 2, p40
Academic Journal
The article reports on the bailout politics in Europe. It highlights how International Monetary Fund (IMF) head Dominique Strauss-Kahn and chief economist Olivier Blanchard would lead the IMF into court due to its violation on its charter by lending Greece, Ireland and Portugal cheap credits. It points French President Nicolas Sarkozy as the self-acclaimed initiator of the euro bailouts, claiming that he has saved the euro currency union in return of a German unification request in 1990.


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