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Politicians violated their stability ideals, but not as an act of free will, it was the result of economic downturn (Photo: consilium.europa.eu)

Helmut Schmidt: Europe lacks leaders

Europe lacks leaders, former German Chancellor Helmut Schmidt has said in an exclusive interview with the Official Monetary and Financial Institutions Forum. Set to mark his 92nd birthday later this month, Mr Schmidt is critical of decisions regarding the eurozone's establishment in the early 1990s and predicts a hard core of EU member states defined by common foreign policy perspectives.

David Marsh: For many years Germany had twin policies on parallel lines: commitment to financia...

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Author Bio

Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.

Politicians violated their stability ideals, but not as an act of free will, it was the result of economic downturn (Photo: consilium.europa.eu)

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Author Bio

Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.

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