"Europe marches in the wrong direction"

Cologne : Germany | Oct 10, 2011 at 2:45 AM PDT

By mus1423

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Carl Christian von Weizsäcker holds a degree in economics, but also very familiar with the policy. His uncle is former Federal President Richard von Weizsäcker.

He was director of the Institute of Energy Economics at the University of Cologne and a member of the Advisory Board of RWE and a member of the Board of Trustees of the Forum for Future Energies. Since his retirement as a professor at the University of Cologne, he is "Senior Research Fellow" at the Max-Planck-Institute for Research on Collective Goods.

Is this policy really no alternative, as the Chancellor suggested, when she says: "If the euro falls then Europe?"

Carl Christian von Weizsäcker: That is of course political language. If one believes Mrs Merkel and follows its policy, then a rescue package comes after the other. But I do not firstly, that the euro falls, if a country is a member of the euro, is insolvent. And secondly, even if the euro should fall, is not so liked Europe.

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Carl Christian von Weizsäcker argues in the euro-crisis recovery programs. Although the state by more debt.

mus1423 is based in Karāchi, Sind, Pakistan, and is a Reporter for Allvoices.

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Carl Christian von Weizsäcker argues in the euro-crisis recovery programs. ...