The euro is not to blame for the sovereign debt crisis which forced several EU countries into multi-billion euro bailouts, the next commissioner for the single currency told MEPs Monday (6 September).
Speaking during his three-hour hearing with members of the Parliament's economic affairs committee, Latvia's commission nominee Valdis Dombrovskis commented that "we went through a crisis in Latvia without having the euro…the euro is the not the main issue to be blamed".
Meanwhile, D...
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Already a member? Login hereBenjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.
Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.