Banking control in one camp, fiscal control in the other. “Sorted,” say the neocons
German finance minister Schäuble sits in his little Wolfschanze this morning, a less than happy wolf-cub. Earlier this year, his boss Angela Merkel did the Grand Tour of European capitals and delivered what they both thought was a done deal: for Herr Schäuble to be the Obersturmbannführer of all things money in the new Fiskalunion being created by Berlin-am-Brussels. Continue reading